Tag Archives: Cyprus

Cyprus is edging towards euro exit

Cyprus finacial crisis

  Cyprus is no longer centre stage. Nicosia has agreed a 10 billion euro bailout deal with its euro zone partners and the International Monetary Fund. A visible bank run has been averted by stringent capital controls. International markets, which only ever suffered a mild bout of jitters, have calmed down. But it would be foolish to forget about Cyprus. …

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