Cyprus bailout deal raises more questions for the future of Europe
Cyprus is the latest eurozone country to receive a bailout to save its troubled banks. But the last-minute deal to stave off bankruptucy and a disorderly departure from the euro creates many more problems for Europe. The way the crisis has been managed raises questions about whether the EU authorities have a clear and consistent vision of what to do next.
CALM of a sort has been restored in Cyprus with a last-minute 10 billion euros bailout resolving its immediate banking crisis. But it leaves huge question marks over the future of the Cypriot economy, the euro and the impact on other eurozone countries, with the likelihood that a bank bailout will be followed by bailing out the count...
- Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
- Also considered useful for the administrative university facilities, to better understand the possible effects of current decisions.