Considerations about Methods of Rescue for Financial Institutions: the Case of Cyprus

Jenica Popescu and Victoria Firescu
Additional contact information
Jenica Popescu: University of Craiova Faculty of Economics and Business Administration
Victoria Firescu: University of Pitesti Faculty of Economic Sciences

Finante - provocarile viitorului (Finance - Challenges of the Future), 2013, vol. 1, issue 15, 72-78

Abstract: The paper presents some aspects regarding adoptata strategy to resolve the crisis in Cyprus financial system and the effects of such approaches used the euro area, but especially on the banking sector in the European Union. From our perspective we considered as an important thing to understand what happened in Cyprus, how to intervene in this crisis to be able to appreciate necessary changes (if they are really necessary) in the banking system construction, so that banks can adopt such measures by the resolution of future banking crises in the euro area and improving of banking system situation, in the sense that it have not to be necessary a new intervention into the future.

Keywords: banks; crisis; bail-in; unsecured deposits; liabilities (search for similar items in EconPapers)
JEL-codes: G01 G21 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://feaa.ucv.ro/FPV/015-009.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aio:fpvfcf:v:1:y:2013:i:15:p:72-78

Access Statistics for this article

Finante - provocarile viitorului (Finance - Challenges of the Future) is currently edited by Marin OPRITESCU

More articles in Finante - provocarile viitorului (Finance - Challenges of the Future) from University of Craiova, Faculty of Economics and Business Administration Contact information at EDIRC.
Bibliographic data for series maintained by Alina Manta ().