Euro Gets Real over Cyprus

by Ashraf Laidi

Mar 22, 2013 17:43

The balance between contagion fears and mixed economic ndamentals swung in favour of the euro on reports that the Cypriote Parliament has reached a deal with regards to its banks and collecting the €6.7 bn from Cyprus instead of the previous €5.8 bn from deposits. Full analysis with charts on IFO, PMI & ZEW

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