Links: 2013-03-29

News links for 29 Mar 2013
Seeds of Cyprus disaster planted months ago by EU | Economy | News | Financial Post
"When European finance chiefs explained their harsh terms for rescuing Cyprus this week, many blamed the tiny Mediterranean nation’s wayward banking practices for bringing ruin on itself.But the path that led to Cyprus’ current crisis — big banks bereft of money, a government in disarray and citizens filled with angry despair — leads back, at least in part, to a fateful decision taken 17 months ago by the same guardians of financial discipline that now demand that Cyprus shape up."

Cyprus: lessons from a small disaster | Editorial | Comment is free | The Guardian
"the euro club has made rather an unappealing habit of bullying the weak nations and protecting the strong over...


As this site is now reader-supported via Patreon, the remainder of this article is only available to subscribers at a specific patronage level. Articles at patronage levels BRONZE, SILVER, and GOLD are denoted by the categories in blue capital letters above the post. Posts categorized DAILY are available to both SILVER and GOLD patrons.

Click here to join. Your readership is greatly appreciated!

Registered users can log in by entering details here or below.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More