Brian M. Lucey

Tag: middle-east

  • How big is the Cyprus bailout?

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    brianmlucey
    in

    How big is the Cyprus bailout? A slightly tricky questions originally posted at the link above. Most publications talk about the 10B or 17B Cyprus bailout. Let’s take a pop quiz on the right answer: (a) 17 B Euros (89% of GDP) (b) 10B Euros (52% of GDP) (c) 2.5B Euros (13% of GDP) (d)…

  • Cyprus, the ECB and Anglo

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    brianmlucey
    in

    All throughout the mess that was the unhappily drawn out death of Anglo Irish Banks, and indeed before, I and many others had been suggesting that rather than pay 3.1b per annum for many many annums we not….That we walk from the obligtation and not pay it to the Central Bank of Ireland. The response…