A Diary of the Euro Crisis in Cyprus
eBook - PDF

A Diary of the Euro Crisis in Cyprus

Lessons for Bank Recovery and Resolution

  1. English
  2. PDF
  3. Available on iOS & Android
eBook - PDF

A Diary of the Euro Crisis in Cyprus

Lessons for Bank Recovery and Resolution

About this book

This book tells the story of the euro crisis in Cyprus from the inside. Written by the former Governor of the Central Bank of Cyprus, Panicos Demetriades, who was in office during this turbulent period, this book shows how the crisis unravelled through a series of key events that occurred during his tenure.

Written in chronological order, and broadly based on the author's personal diary, starting from his first day in office, this volume brings together economics, banking, regulation, governance, history, politics and international relations.

Presenting personal witness statements, including records of noteworthy telephone conversations, informal meetings and other milestones, it examines crucial questions like: How did Cyprus become so systemically important to the rest of the euro area? Why was Cyprus treated so differently in comparison to other peripheral countries in Europe? Why were bank depositors targeted? 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? What are the lessons for regulators around the world?

The book will appeal to readers interested in financial crises, the euro's architecture, 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.


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Yes, you can access A Diary of the Euro Crisis in Cyprus by Panicos Demetriades in PDF and/or ePUB format, as well as other popular books in Economics & Economic History. We have over one million books available in our catalogue for you to explore.

Information

Table of contents

  1. Foreword
  2. Acknowledgements
  3. Contents
  4. List of Figures
  5. Prologue
  6. 1 Baptism of Fire
  7. 2 Entering a War Zone
  8. 3 A German Question
  9. 4 Buying Time
  10. 5 “Two” Big to Fail
  11. 6 Too Big to Save?
  12. 7 A Russian Playground
  13. 8 A Bank Run and a Tearful Agreement
  14. 9 The Euro at Breaking Point
  15. 10 Illusions
  16. 11 Taxing the Poor (to Protect the Rich)
  17. 12 Heading Towards the Abyss
  18. 13 “Take It or Leave It”
  19. 14 Resolution and Capital Controls
  20. 15 Toxic Fallout
  21. 16 The Final Act
  22. 17 The Key Ingredients of the Crisis
  23. 18 Lessons for Europe and Beyond
  24. Bibliography
  25. Index