March 27, 2013
About those “temporary” Cypriot capital controls:From Iceland’s letter of intent to the IMF dated November 2008, highlighting the intention to remove capital controls “as soon as possible” (click to enlarge):A statement by the Central Bank of Ice…
Posted by Open Europe blog team
Some more details coming out about the much talked about capital controls in Cyprus (details via @MatinaStevis and RANsquawk): Will include limit on cashing cheques (but will be able to deposit cheques).Time fixed deposits will not be able to be red…
Posted by Open Europe blog team
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bail-out, bank of cyprus, capital controls, crisis, Cyprus, depositors, deposits, eurozone, Iceland, imf |
June 24, 2011
Emerging from his bureaucratic hole in Brussels, former Labour MEP Richard Corbett made an appearance on yesterday’s Newsnight to discuss the ongoing eurozone crisis (joined by a Greek communist and Tory MP Douglas Carswell – the discussion wasn’t exac…
Posted by Open Europe blog team
January 7, 2010
Iceland’s President Olafur Ragnar Grimsson appears to be a giving a rather strong ‘two fingers up’ to Britain and the Netherlands at the moment, by refusing to sign the ‘Icesave’ bill, sending it to the Icelandic people for a referendum instead. The bi…
Posted by Open Europe blog team
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