Policy Paper 96
The way out of the Cyprus economic crisis
In this policy paper, Andreas Theophanous gives an account of the current situation in Cyprus, and proposes two scenarii of a way out of the Cyprus economic crisis: a reframing of the current Troika’s philosophy, or a temporary exit from the euro area.
This
policy paper presents the current
situation in Cyprus, and proposes two scenarii of a way out of the Cyprus
economic crisis: a reframing of the current Troika’s philosophy, or an eventual temporary exit from the euro area.
After having analysed the current economic, political and social
situation of Cyprus, the president of the Cyprus Center for European and
International Affairs Andreas Theophanous presents two hypothesis which could lead to better deal with the crisis in Cyprus. The first
consists in a reframing of the
Memorandum of understanding applied by the Troika’s and its philosophy
and implications. The second elaborates on how a
possible temporary exit of Cyprus from the euro area could be an
alternative option.
The author concludes
by a wider reflexion of the political dimension of the options Cyprus faces.
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ÉVÉNEMENTS
EVENTS
Paris, 12 April 2019 – Session no.6 of the Académie Notre Europe: economic and monetary Union
Berlin, 19 September 2018 – Making Europe’s Economic Union Work
Luxembourg, 20 June 2018 – The reform of the EMU: which social dimension?
Paris, 20 June 2018 – Future Europe
Nicosia, 16 March 2018 – The political landscape of EMU reform
Sofia, 9 March 2018 – The future of the EU budget
Athens, 8 February 2018 – Athens’ days: Greece, paths for hope
Bruxelles, 25 January 2018 – Academy study trip to Brussels
Paris, 8 December 2017 – Academy: Political and Social Europe
Barcelona, 22 September 2017 – After the crisis, a push forward for the eurozone
Paris, 21 July 2017 – The future of the Eurozone and the Multiannual Financial Framework
Rome, 20 March 2017 – Completing economic governance and enhancing social cohesion
Lisbon, 24th January – High-level seminar on the future of the euro