Warning: count(): Parameter must be an array or an object that implements Countable in /home/thecypri/public_html/wp-content/plugins/easy-heads-up-bar/lib/cmb/init.php on line 746

Warning: session_start(): Cannot start session when headers already sent in /home/thecypri/public_html/wp-content/plugins/fundraising/fundraiser.php on line 838
Can the bailout buffer fund a Cyprus solution? By @FionaMullenCY - The Cypriot Puzzle

Can the bailout buffer fund a Cyprus solution? By @FionaMullenCY


In a recent column Alexander Apostolides suggested that the international community could support a solution of the Cyprus problem if the two communities’ biggest creditors wrote off debt.

That would be Turkey for the Turkish Cypriots and the Troika lenders – the European Support Mechanism (ESM) and the International Monetary Fund (IMF) for the Greek Cypriots.

Greece has made talk of debt write-offs somewhat toxic these days, however, so maybe there is a more palatable way of approaching it.

The credit rating agency, Fitch Ratings, said in April that it expected the “buffer” in the Cyprus bailout programme……………..

Read the rest on:


Related posts

One Comment;

  1. Peter ConstantPeter Constant said:

    @FionaMullenCY @greeksinart #Cyprus problem is NOT economic. It is #invasion – #occupation Of Cyprus by #Turkey!! Digest it!

Yiannis-visibility hidden