ECB conflicted by Cyprus bail-in

Klaus Engelen

The bail-in of Cyprus – the fifth member country of the euro area to be rescued after Greece, Ireland, Portugal and Spain – has raised significant concerns regarding the use of regulatory forbearance, conflicts of interest, disregard for European Union (EU) laws and statutes, political opportunism and a lack of transparency in decision-making.

The events that unfolded also pose questions about the future role of the European Central Bank (ECB), including the June 2012 European Union (EU) Summit

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: