Saturday June 6, 2020

The Cyprus debacle must wake Europe up

It is simply inexplicable - and inexcusable - that the situation in Cyprus has been allowed to get into such a mess.

24th March, 2013

It is simply inexplicable - and inexcusable - that the situation in Cyprus has been allowed to get into such a mess. EU governments, the European Commission and the European Central Bank all knew this was coming. They should have had a plan, yet they clearly didn't, and what emerged was a botched compromise between the rich countries' demands that big Russian depositors get hit and Cyprus's own attempts to protect its position as a...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 5 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago