Cyprus and the Financial Crisis: The Controversial Bailout and What it Means for the Eurozone
Theodore, John, Theodore, Jonathan
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Description for Cyprus and the Financial Crisis: The Controversial Bailout and What it Means for the Eurozone
Hardcover. This book presents a study of the events surrounding the recent Cypriot Financial Crisis and its impact on the Eurozone. Num Pages: 179 pages, biography. BIC Classification: 1DVC; 1QFE; 3JMG; KCX; KFFK. Category: (UP) Postgraduate, Research & Scholarly. Dimension: 145 x 223 x 17. Weight in Grams: 368.
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 ... Read more
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 ... Read more
Product Details
Format
Hardback
Publication date
2015
Publisher
Palgrave Macmillan
Condition
New
Number of Pages
179
Place of Publication
Basingstoke, United Kingdom
ISBN
9781137452740
SKU
V9781137452740
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
About Theodore, John, Theodore, Jonathan
John Theodore BA LLM Barrister - at- Law. John Theodore is a trained barrister who has published in International law journals. He has spent over 30 years of his professional working life internationally on EU funded projects and leading teams from the UK university and banking sector advising businesses across Europe. He is both an academic and an ... Read more
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