Practical analysis for investment professionals
Cyprus
Poll: Why Didn’t the Cyprus “Bail-In” Cause a Bank Run?
The recent “bail-in” of Cyprus by the EU, IMF and European Central Bank troika forced depositors in Cyprus banks to turn over about 40% of their assets to the banking system. This action hasn’t caused a bank run in the greater eurozone yet, so we asked professional investors why this is the case.
Eurozone Crisis: Could Informal Problem-Solving Mechanisms Prove the Conventional Wisdom Wrong?
Predictions of the disintegration of the “European experiment” have yet to be fulfilled despite more than 1,000 days having passed since the eurozone crisis first began. Investors owe it to themselves to consider alternate scenarios.