The ECB – which holds the key to Cyprus’ future inside the euro by virtue of funding the country’s banks – this morning issued a statement which essentially set Monday as the deadline for a Cypriot bailout deal. It said:The Governing Council of the Eur…
Posted by Open Europe blog team
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bank capital, banking sector, Cyprus, ECB, ELA, eurozone. bail-out, liquidity, solvency, troika |
