Inconsistencies in the Cyprus Bailout (Graphic Version)

Diagrammatic Representation of the Inconsistencies of the Cyprus Banking Bailout (Fergus Murray 25 April 2013)
Diagrammatic Representation of the Inconsistencies of the Cyprus Banking Bailout (Fergus Murray 25 April 2013)

The above diagram is from a paper, Not so lucky Laiki: the transfer of debt and liquidity obligations between Greece and Cypurs and the bailout consequences that I am putting the finishing touches to. For an outline see previous blog post.

 

 

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