Our View: Anastasiades letter was correct but should not have been made public
PRESIDENT Anastasiades’ decision to send a letter to the heads of the IMF, ECB and the European Commission, appealing to them to change the terms of the MoU in order to save the Bank of Cyprus was the correct one. It was a desperate move, but the bank is in a desperate situation and it is increasingly looking like it would not be able to survive the lifting of the capital controls which the government believes are stifling business activity....
(Source: Cyprus Mail)
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