The tag 'Cyprus' is associated with 2 posts.
Surprise! It’s Not the EUrozone Crisis Anymore. Welcome to the EU, LLC. It’s Still a Crisis.
Well, it’s official. The ‘second pillar’ of the EU’s banking union — a 55 billion euro bail-out fund and a bunch of new rules — appears to be in place following recent negotiations. It was an all night compromise bender! Yes, lots of compromises were made, but the core principles that have emerged during the EU’s multi-year-long quest for a banking union are still intact. Uh oh.
Surprise! It’s not the Cyprus crisis anymore. Welcome to the EUrozone crisis: This is what a shakedown looks like
The more things change, the more they stay the same. The EU’s leaders want to welcome you to the new “New Normal”.
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