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The Meaning of Cyprus: Moving towards banking union?

Gros, Daniel, (2013), “The Meaning of Cyprus: Moving towards banking union?” CEPS, 8  Απριλίου.

While acknowledging that Cyprus is too small to matter for global financial markets, this Commentary finds that its case could turn out to become a very important precedent for the way European policy-makers deal with future banking problems and the plans for a ‘banking union’.