Financial Markets Haven’t Freaked Out Over Cyprus, But That Doesn’t Mean They Won't Hot

0.0 (0)
Write Review
The modest declines in financial markets Monday following the Cyrpus news are a sign, says Neil Irwin in today’s Washington Post, “that global investors are betting that the losses being forced upon Cypriot bank deposits will be a one-off situation, and not form a precedent for future aid to banks in Greece, Spain, Portugal and beyond.” However, Irwin says that initial reaction may be proven very wrong, recalling an earlier chapter in Eurozone’s financial crisis that sent the bonds of Ireland, Portugal and Spain into a tailspin.

This Website Is For Financial Professionals Only

User reviews and Comments

There are no user reviews/comments for this listing.
Already have an account? or Create an account