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The lesson from Cyprus is that large bank deposits are potentially at risk in other struggling Eurozone countries.

Goodhart, Charles (2013) The lesson from Cyprus is that large bank deposits are potentially at risk in other struggling Eurozone countries. LSE European Politics and Policy (EUROPP) Blog (08 Apr 2013). Blog Entry.

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Abstract

The Cyprus crisis is likely to generate a number of political and economic problems for the country in the short term. Charles Goodhart assesses the impact on Cyprus’s economy and the fallout from the bank levy imposed on large depositors at Cypriot banks. He argues that although the potential for contagion to spread to other Eurozone countries has not yet been realised, the consequences for the European banking system could be severe.

Item Type: Website (Blog Entry)
Official URL: http://blogs.lse.ac.uk/europpblog/
Additional Information: © 2013 The Author(s)
Subjects: H Social Sciences > HB Economic Theory
J Political Science > JN Political institutions (Europe)
Sets: Collections > LSE European Politics and Policy (EUROPP) Blog
Date Deposited: 05 Apr 2017 15:41
Last Modified: 05 Apr 2017 15:41
URI: http://eprints.lse.ac.uk/id/eprint/72714

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