Cyprus and the Financial Crisis: The Controversial Bailout and What It Means for the Eurozone

by John Theodore and Jonathan Theodore

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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...

Format:Hardcover

Language:English

ISBN:1137452749

ISBN13:9781137452740

Release Date:July 2015

Publisher:Palgrave MacMillan

Length:179 Pages

Weight:0.83 lbs.

Dimensions:0.5" x 5.5" x 8.5"

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Business Business & Investing

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Cyprus and the Financial Crisis: The Controversial Bailout and What It Means for the Eurozone

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