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The Cyprus Bail-in:Policy Lessons from the Cyprus Economic Crisis

Editor

Listed:
  • Alexander Michaelides
    (Imperial College London, UK)

  • Athanasios Orphanides
    (MIT)

Abstract

On June 28th 2012, the small island of Cyprus became the fifth government to request an economic bail-out from the Eurozone after losing access to international capital markets. Less than a year later, a €10 billion second rescue deal was agreed upon — an unprecedented agreement that bailed in creditors of Cyprus' two largest banks, and triggered an economic crisis that the nation still struggles to recover from today.

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Suggested Citation

  • Alexander Michaelides & Athanasios Orphanides (ed.), 2016. "The Cyprus Bail-in:Policy Lessons from the Cyprus Economic Crisis," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number p1059, January.
    • Handle: RePEc:wsi:wsbook:p1059
    as

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    File URL: https://www.worldscientific.com/worldscibooks/10.1142/p1059
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    Cited by:

    1. Nektarios A. Michail & Christos S. Savva, 2021. "Electricity consumption and economic activity in Cyprus using an asymmetric cointegration technique," Cyprus Economic Policy Review, University of Cyprus, Economics Research Centre, vol. 15(2), pages 26-41, December.

    Book Chapters

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