Cyprus And The Contagion Myth

Will there be deposit flight from the periphery and indeed from Cyprus itself, after the Cypriot depositor haircut? Probably yes, answers Citibank in a note to clients. Will it be systemically damaging? Most likely not, Citi adds. As regard to the future deposit flight from Cyprus, Citi th…

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Cyprus And The Contagion Myth – Citi

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