On Cyprus and the European Crisis

It has been non-stop Cyprus for the past couple of days this weekend. And it has brought back the bad ol' days when every weekend seemed to be another episode in endless crisis. To wit, this episode in Cyprus demonstrates how misplaced the…

Links: 2013-03-18

Yet again today, I have a lot of links on Cyprus. I will start making some more pointed commentary behind the paywall today on the goings on there. I have been doing a lot of tweeting on this topic since early Saturday. If you’re not…

The Cyprus Bank Deposit Bail-in

This morning we learned that after hours of tense negotiation, Europe has hammered out a 10bn euro "bailout" of Cyprus. I put the term bailout in quotes because the key feature of this deal is the bail-in of Cypriot depositors to the tune…

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