TITLE

Euro gasps on deathbed in Cyprus crisis

AUTHOR(S)
Simon Watkins
PUB. DATE
March 2013
SOURCE
Mail on Sunday;3/31/2013, p82
SOURCE TYPE
Newspaper
DOC. TYPE
Article
ABSTRACT
When is a euro not a euro? Answer: when it is a Cypriot one. The introduction of capital controls on the island is doubtless necessary to stop a run on their banks. It is also a sign that the single currency has, at least in part, died in Cyprus. People will point to the persistence of the euro banknote in Cyprus as evidence this is not the case. But common banknotes are the least important feature of the single currency.
ACCESSION #
86438124

 

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