书目名称 | Cyprus and the Financial Crisis |
副标题 | The Controversial Ba |
编辑 | John Theodore,Jonathan Theodore |
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图书封面 |  |
描述 | The 2012-2013 economic crisis in the Republic of Cyprus is commonly attributed to a number of factors, including the exposure of Cypriot banks to over leveraged local property companies; the knock-on effect of the Greek government debt crisis; and international credit rating agencies downgrading the Cypriot government‘s bond credit status. What followed was unexpected and controversial: a bailout on condition of a one-time bank deposit levy on all uninsured deposits in the country‘s second-largest bank, the Cyprus Popular Bank; and on the uninsured deposits of large proportion of the island‘s largest commercial bank, the Bank of Cyprus.Many have questioned the implications of Cyprus‘ ties with the Russian financial system, as well as the draconian and unprecedented bailout terms imposed on the Cypriot population by the Eurozone.There has been little written from the Cypriot perspective on these events. This book presents a study of the events surrounding the recent Cypriot Financial Crisis and its impact on the Eurozone. It incorporates insights from leading protagonists in the Cypriot government and banking sectors and focuses on qualitative research to assess the events that form |
出版日期 | Book 2015 |
关键词 | EU; bailout; Cyprus; bail-in; haircut; bank deposits; Eurozone; controversial; bank; banking; crisis |
版次 | 1 |
doi | https://doi.org/10.1057/9781137452757 |
isbn_ebook | 978-1-137-45275-7 |
copyright | The Editor(s) (if applicable) and The Author(s) 2015 |