Karl Whelan

Economist, University College Dublin

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Has Cyprus Already Left the Euro?

Posted on March 28, 2013 by kwhelan

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.

This entry was posted in Banking, Central Banks, Euro Crisis and tagged Capital Controls, Cyprus by kwhelan. Bookmark the permalink.
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