A Diary of the Euro Crisis in Cyprus

This book critically analyses the Cypriot financial crisis, from the inside. Written by the former Governor of the Central Bank of Cyprus – Panicos Demetriades – who was in office during this turbulent period, the book presents the Cypriot experience through a series of key events that occurred during his tenure.

Written in chronological order, and broadly based on Panicos’s personal diary, starting from his first day in office, the book draws on issues in economics, banking, regulation, governance, history, politics, and international relations.

Presenting personal witness statements, including records of noteworthy telephone conversations, informal meetings and key events, it discusses key questions like: how did Cyprus become so systemically important to the rest of the euro area? Why was Cyprus treated so harshly in comparison to other countries in similar situations? Why were bank depositors targeted in Cyprus specifically? What role did Cyprus’ links with Russia play in the design of the programme? What has been the toxic fallout from the bail in? Are there any longer term implications for the euro?

The book will be of interest to all those interested in banking, banking crises, current European affairs, the evolution of the European monetary union, and those with an interest in how Europe and the IMF dealt with crises in peripheral European countries.

• ISBN: 978-3-319-62222-4
• Editorial: Palgrave Macmillan
• Encuadernacion: Cartoné
• Fecha Publicación: 04/11/2017
• Nº Volúmenes: 1
• Idioma: Inglés