Mar 19, 2013
Fundamental Morning Wrap: EZ U-Turn as initial Cyprus plans head for U-Bend?
This morning´s institutional research again has a Cypriot focus, as analysts consider the evolving debacle and the many different potential outcomes. A consensus view looks to be forming that the initial decision was at best "misguided" and now a policy u-turn may be in the making, which would protect smaller depositors and preserve the sanctity of the Eurozone wide deposit protection scheme, which has been so critically undermined.
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