Agora
Posts by Alexander Apostolides
Cooperatives on Cyprus: Why they were treated differently to banks
No country in an island in today’s integrated world. Thus, the lessons learned in one place can be used to identify problems elsewhere. Despite starting from a different source, the banking collapse in the USA has lessons for Cyprus and parallels to what happened on the island.
Contributors: Alexander Apostolides, Charis Michalis
Categories: Economy (316)
The Cyprus bailout is different, not only due to the bail-in
The Cyprus programme as agreed in March 2013 was different from the Greek and other eurozone bailouts in more ways than just the bail-in of uninsured depositors at the country’s two major banks.
Contributors: Alexander Apostolides, Charis Michalis
Categories: Europe (279), Economy (316)
Why tax evasion threatens to become endemic due to how Cyprus was bailed out
One of the most difficult economic concepts for politicians to understand is the idea of dynamic equilibrium. Political economy is based on the idea that it is next to impossible to return to a past condition once expectations are altered.
Contributor: Alexander Apostolides
Categories: Economy (316)
Cyprus in 2014: Looking ahead
Cyprus has the habit of grabbing international attention in a global way, only to then be marginalised as a footnote when the immediate crisis seems to have abated. This has been historically true in issues of communal violence and the Annan plan, in what we Cypriots call “the original Cyprus problem”. Sadly for Cyprus, this is also seems to hold true in regards to its financial crisis.
Contributor: Alexander Apostolides
Categories: Politics (374), Economy (316)