Some thoughts on where things stand in Cyprus including the parallels between Ireland’s treatment of Anglo’s debts and the current problems with Laiki\Bank of Cyprus.
Tag Archives: Cyprus
Has Cyprus Already Left the Euro?
In the presentation I gave last month on potential euro breakup scenarios, I flagged the introduction of capital controls in a euro-area member as an important step along the road to a potential breakup. Well, they are here in full today in Cyprus. Thoughts here.
Cyprus: Europe Rolls the Dice on its Banks
My reaction to the final agreement on Cyprus including a link to an op-ed I wrote for the Irish Times.
Whatever It Takes? Cyprus and the Euro on the Brink
My latest thoughts: Is Draghi really going to save the euro after this week’s events.
Revised TARGET2 Paper & Implications for ECB of Cyprus Exit
I’ve updated my TARGET2 paper. Here is a post with a link to the new paper and a discussion relating to a potential exit of Cyprus from the euro.
Cyprus Depositor Tax: Genius Plan or the End of the Euro?
A quick reaction to the Cyprus deposit levy here.