Bailouts and Bail-Ins

John Theodore and Jonathan Theodore

Chapter 4 in Cyprus and the Financial Crisis, 2015, pp 71-101 from Palgrave Macmillan

Abstract: Abstract In the previous chapter, we have examined both the immediate and underlying causes of the crisis. Here we are looking at the final stages of the crisis itself, culminating in the ‘bail-in’ rescue package of March/April 2013. This new and previously untested approach was, it will be argued, the EU-IMF’s latest weapon in its austerity armoury for dealing with financially wayward members of the eurozone.

Keywords: Financial Crisis; Banking System; Banking Sector; Sovereign Debt; Credit Institution (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-45275-7_5

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DOI: 10.1057/9781137452757_5

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