Just a reminder, even though I am posting here, I will be in Germany for the Easter holidays over the next two weeks and will not post to the site on a regular basis.
News links for 24 Mar 2013
Shocking treatment of Cyprus has exposed eurozone's inherent flaws - Independent.ie
"The essential design flaw in the eurozone is that it is not really a monetary union; it is just a common currency area, lacking the essential feature that ensures financial integration, namely a banking union. The latest piece of mismanagement over Cyprus makes the attainment of a banking union, on which progress has been negligible, even more difficult.The Eurogroup decision on Cyprus, taken (yet again) at 3am on a Saturday morning, has rendered meaningless the repeated assertions that deposits in eurozone banks ar...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.