Download or read book A Diary of the Euro Crisis in Cyprus written by Panicos Demetriades and published by Springer. This book was released on 2017-10-14 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book tells the story of the euro crisis in Cyprus from the inside. Written by the former Governor of the Central Bank of Cyprus, Panicos Demetriades, who was in office during this turbulent period, this book shows how the crisis unravelled through a series of key events that occurred during his tenure. Written in chronological order, and broadly based on the author’s personal diary, starting from his first day in office, this volume brings together economics, banking, regulation, governance, history, politics and international relations. Presenting personal witness statements, including records of noteworthy telephone conversations, informal meetings and other milestones, it examines crucial questions like: How did Cyprus become so systemically important to the rest of the euro area? Why was Cyprus treated so differently in comparison to other peripheral countries in Europe? Why were bank depositors targeted? What role did Cyprus’ links with Russia play in the design of the programme? What has been the toxic fallout from the bail-in? Are there any longer-term implications for the euro? What are the lessons for regulators around the world? The book will appeal to readers interested in financial crises, the euro’s architecture, the evolution of the European Monetary Union, and those with an interest in how Europe and the IMF dealt with crises in peripheral European countries.
Download or read book Cyprus Bail in The Policy Lessons From The Cyprus Economic Crisis written by Alexander Michaelides and published by World Scientific. This book was released on 2016-02-29 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: On June 28th 2012, the small island of Cyprus became the fifth government to request an economic bail-out from the Eurozone after losing access to international capital markets. Less than a year later, a €10 billion second rescue deal was agreed upon — an unprecedented agreement that bailed in creditors of Cyprus' two largest banks, and triggered an economic crisis that the nation still struggles to recover from today.This resourceful collection of essays provides a thorough and in depth analysis of how Cyprus reached the point of failure and what lessons this experience holds for future economic crises. The various perspectives collectively address unanswered questions, including whether the bail-in can be considered successful, why the recession was less severe than expected, and what conclusions can be drawn about stress-testing exercises across borders.Focusing on one of the (proportionately) largest crises in financial history, the case study will prove essential to policy-makers and politicians, especially in the euro area.
Download or read book Keeping the Peace in the Cyprus Crisis of 1963 64 written by A. James and published by Springer. This book was released on 2001-11-28 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the Cold War the small state of Cyprus was of great strategic importance to the West. Britain, the United States, and Nato all had valuable installations there; and any armed conflict between Greek and Turkish Cypriots could easily suck two nearby Nato members - Greece and Turkey - into war. When therefore, intercommunal fighting broke out in Cyprus in December 1963, the West was deeply embarrassed. This book examines the consequential efforts of, first Britain, and then the UN, to keep the peace.
Download or read book Safeguarding the Euro in Times of Crisis written by and published by . This book was released on 2019 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book tells the inside story of those who played key roles in setting up the organisations and combatting the crisis. In exclusive interviews, global financial leaders and ESM insiders provide a rich stock of perspectives and anecdotes that bring to life the urgency of the crisis as well as the innovative solutions found to resolve it. The European Stability Mechanism and its temporary predecessor the EFSF provided billions of euros in loans to five hard-hit euro area countries during the European financial and sovereign debt crisis of the early 2000s, helping to safeguard the stability of those countries and the euro area as a whole. Initially, the crisis-torn euro area was ill-equipped institutionally, but the rapid establishment of the firewalls, the assistance programmes, deep‐seated country reforms, the strengthening of European institutions, and extraordinary European Central Bank measures shielded Europe from a euro area break-up. With the EFSF/ESM set-up, its managers aspired to create a new, more entrepreneurial international financial institution, one that is agile enough to respond quickly to new challenges, while still ensuring the strict governance befitting an organisation pursuing a public mission. The euro area has emerged from near disaster in more robust shape. As Europe strives to further strengthen its architecture in preparation for any possible future crises, it is important to reflect upon how the euro area reinvigorated its fortunes and draw the relevant lessons for future crisis management in Europe and beyond.
Download or read book The Cyprus Problem written by James Ker-Lindsay and published by Oxford University Press. This book was released on 2011-04-21 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: For nearly 60 years, the tiny Mediterranean nation of Cyprus has taken a disproportionate share of the international spotlight. In The Cyprus Problem, James Ker-Lindsay--recently appointed as expert advisor to the UN Secretary-General's Special Advisor on Cyprus--offers an incisive, even-handed account of the conflict. Ker-Lindsay covers all aspects of the Cyprus problem, placing it in historical context, addressing the situation as it now stands, and looking toward its possible resolution.
Download or read book Cyprus Before 1974 written by Marilena Varnava and published by Bloomsbury Publishing. This book was released on 2019-12-12 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focusing on the period from September 1964, when Senor Galo Lasso Plaza assumed the UN mediatory role, to the coup d'etat and the Turkish invasion ten years later, Cyprus Before 1974 seeks to unpick the internal conflicts which led to the failure of the peace process in Cyprus. Marilena Varnava studies three phases: Plaza's mediation of 1964-1965; the negotiating impasse on the island during the period 1965-1967; and finally the inter-communal talks of 1968-1974. Varnava argues persuasively that each of these successive phases, particularly the latter two, were inextricably tied to political and social developments within the two main communities on the island itself. In particular, Cyprus before 1974 focuses on the events of 1968 - when the Greek-Cypriot political leadership, and the President of the Republic of Cyprus Archbishop Makarios III, failed to grasp the nature of the changes within the island's post-independence arena. Recurrent attempts within both communities during the talks of that year to create faits accomplis favourable to their own bargaining positions served to heighten the barriers to a stable and peaceful outcome. This study enlarges our understanding of the underlying issues which the Turkish invasion of 1974 were to throw into stark relief and is essential reading for all those who study the Cyprus problem and conflict resolution.
Download or read book Cyprus written by Andrew Borowiec and published by Bloomsbury Publishing USA. This book was released on 2000-01-30 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: Borowiec portrays Cyprus as a permanent source of tension in the Eastern Mediterranean and a potential trigger for future conflict between Greece and Turkey. He describes the depth of animosity between Greek and Turkish Cypriots and analyzes the obstacles in the path of a search for a solution. Most casual observers see the conflict between Greeks and Turks on a strategic Mediterranean island as a struggle within a sovereign state. Borowiec concludes that there has never been a Cypriot nation, only Greeks and Turks living in Cyprus, separated by the hostility reflecting the traditional animosity between their motherlands. If these two groups could forget their past conflicts—as did, for example, Germany and Poland—there might be a way to end the partition of Cyprus. At the present time, however, the crisis is likely to continue with varying degrees of tension, threatening the entire Eastern Mediterranean and undermining NATO's cohesion. Borowiec traces the history of Cyprus from antiquity through Ottoman and British colonial rule and the post-independence period. He describes the break between the island's communities in 1963, the UN intervention of 1964, and the path toward the Athens junta's coup in 1974 which caused the Turkish invasion and occupation of the northern part of Cyprus. He compares the conflicting views of the protagonists—the Greek Cypriot majority and the Turkish Cypriot minority. Considerable attention is paid to the two separate economic and political entities on the island. Borowiec analyzes the futility of myriad international mediation efforts and suggests possible ways of creating a climate propitious to dialogue. This important new look at the Cypriot conflict will be valuable to researchers, policy makers, and scholars involved with the Eastern Mediterranean and conflict/peace studies.
Download or read book Cyprus and Its Conflicts written by Vaia Doudaki and published by Berghahn Books. This book was released on 2017-11 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Mediterranean island of Cyprus is the site of enduring political, military, and economic conflict. This interdisciplinary collection takes Cyprus as a geographical, cultural and political point of reference for understanding how conflict is mediated, represented, reconstructed, experienced, and transformed. Through methodologically diverse case studies of a wide range of topics—including public art, urban spaces, and print, broadcast and digital media—it assembles an impressively multifaceted perspective, one that provides broad insights into the complex interplay of culture, conflict, and identity.
Download or read book Assassination in Colonial Cyprus in 1934 and the Origins of EOKA written by Andrekos Varnava and published by Anthem Press. This book was released on 2021-01-11 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the assassination of Antonios Triantafyllides, a leading Cypriot lawyer and politician, in British colonial Cyprus in January 1934. This event has been the infamous subject of rumours since its occurrence and a taboo subject for Cypriot society and historians alike, as the event has been silenced or dismissed. This book explores the assassination in its broadest possible context by situating it within the broader events within the British Empire, the region and the world more generally at that time. The basis for the exploration is a ‘community of records’ through which all the evidence is sifted, reading it both with and against the grain, in order to provide the most likely answer to who was really behind this mysterious cold case. Through rigorous analysis, this book concludes that those who most likely masterminded the assassination supported radical right-wing extremist pro-enosis nationalism and were subsequently also prominent in forming the EOKA terrorist group in the 1950s.
Download or read book The Genocide Files written by Harry Scott Gibbons and published by . This book was released on 1997 with total page 584 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The book describes how the Greek fixation with Enosis--union with Greece--led to a one-sided war against the Turks and the brutal massacres of their men, women and children."--Provided by publisher.
Download or read book Britain and the Cyprus Crisis of 1974 written by John Edward Burke and published by Routledge. This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the ideological and socio-political discourses shaping the remembrance and representation of Britain and the Cyprus conflict of 1974 within Greek Cypriot society. By combining the official with the popular and drawing on an extensive range of oral history interviews, this monograph shows that a suspicion born out of Britain's long (neo-)colonial connection to Cyprus has come to frame the image and understanding of British actions associated with the events, and lasting consequences, of 1974. Indeed, with the island of Cyprus still divided, and the requirement to remember a national imperative, this book has a direct contemporary relevance. However, within the existent literature, while much has been written about the political roots of the Cyprus conflict, no study has yet sought to systematically analyse and understand the influences shaping the history and memory of British actions on Cyprus in 1974. One defined by the existence of 'partitionist' conspiracies, collusive accusations and a series of memory distortions which continue to resonate strongly irrespective of the evidence that is now available. As such, by analysing the influences shaping the image of Britain in 1974, one can begin to understand in ever greater detail the Anglo-Greek Cypriot relationship in a modern context.
Download or read book The Cyprus Conspiracy written by Brendan O'Malley and published by Bloomsbury Publishing. This book was released on 2001-06-25 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1974 the Greek colonels ousted the Greek-Cypriot leader of Cyprus, Archbishop Makarios, and Turkey retaliated by invading and seizing a third of the island. Cyprus remains split in two, like Berlin before the wall came down, bristling with troops and spying bases, and permanently policed by the United Nations. Henry Kissinger claimed he could do nothing to stop the coup because of the Watergate crisis, but this book presents evidence to support the view that it was no failure of American foreign policy, but the realization of a long-term plot. The authors describe the strategic reasons for Washington's need to divide the island. Their account encompasses an international cast of characters that includes Eden, Eisenhower, Nixon, Kissinger, Wilson, Callaghan, Grivas, and the leaders of the two halves of the divided island, Clerides and Denktas.
Download or read book Constructive Imperialism Experts and Crisis in Colonial Cyprus written by Serkan Karas and published by Cambridge Scholars Publishing. This book was released on 2021-10 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the colonial history of Cyprus through the history of technology. Based on materialist and actor-network approaches to power, it unfolds the role of technology in the formation of British colonial rule during critical episodes in Cyprus. It considers the entanglement of colonial rule and technology in four cases of infrastructural development: the island-wide electrification project, Famagusta and Larnaca Harbours, and the Cyprus Government Railway. Throughout these cases, the reader will discover the expert-based, developmentalist and material ways of governing crises with which the British Empire expected to reproduce and prolong its rule on the island.
Download or read book Sovereign Risk Fiscal Policy and Macroeconomic Stability written by Giancarlo Corsetti and published by International Monetary Fund. This book was released on 2012-01-01 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the impact of strained government finances on macroeconomic stability and the transmission of fiscal policy. Using a variant of the model by Curdia and Woodford (2009), we study a "sovereign risk channel" through which sovereign default risk raises funding costs in the private sector. If monetary policy is constrained, the sovereign risk channel exacerbates indeterminacy problems: private-sector beliefs of a weakening economy may become self-fulfilling. In addition, sovereign risk amplifies the effects of negative cyclical shocks. Under those conditions, fiscal retrenchment can help curtail the risk of macroeconomic instability and, in extreme cases, even stimulate economic activity.
Download or read book Crisis in Byzantium written by Aristeides Papadakis and published by RSM Press. This book was released on 1997 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Filioque (and the Son) controversy, about the words of the creed - that the Holy Spirit proceeded from the Father (and the Son) led to the final split between the Orthodox Church and the Roman Catholic Church. Of the early attempts to heal the schism between the Byzantine and Western churches, none is as famous as the Council of Lyons, 1274. Less familiar is the Byzantine reaction that followed in the patriachate of Gregory of Cyprus, when the settlement of 1274 was formally repudiated by imperial decree and the solemn decision of the Byzantine Church at the Council of Blachernae, 1285. This work is a study of Gregory II and the Council of 1285
Download or read book Redefining Greek US Relations 1974 1980 written by Athanasios Antonopoulos and published by Palgrave Macmillan. This book was released on 2021-08-20 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides the first bilateral study of Greek–US relations during Greece’s transition to democracy in the second half of the 1970s. Following the 1974 Cyprus crisis, which led to the collapse of the Greek dictatorship and Athens’ partial withdrawal from NATO, many scholars have claimed that Greece moved away from the United States. This book explicitly rejects this view. It argues that Greek political leaders continued to view close relations with the United States as an integral part of Greek national security despite the disappointment felt during the Turkish invasion of Cyprus. At the same time, the Greek leadership could not overlook the anti-American movement, and had to respond to and manage it. In the United States, relations with Greece became part of the clash between the executive and legislative branches of government. Both President Gerard R. Ford and President Jimmy Carter proclaimed their commitment to restoring relations with Athens. This book highlights the continuity between the Republican and Democratic administrations of the 1970s in foreign policy objectives. Drawing on Greek, US and British archival records, it charts the evolving connections between Greece and the United States through the Greek–Turkish disputes, the impact of anti-Americanism and the Greek–NATO relationship offering original insight into this Cold War special relationship.
Download or read book Crisis on Cyprus 1974 written by United States. Congress. Senate. Committee on the Judiciary. Subcommittee to Investigate Problems Connected with Refugees and Escapees and published by . This book was released on 1974 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt:
