"The market appears too sanguine in its view that a solution will inevitably be found," writes Morgan Stanley of Cyprus. Even if the government, Troika, and Kremlin (Kremlin?) somehow reach agreement, the faith between bank depositors and policymakers will have been breached. "There are significant problems behind the curtain."
"The market appears too sanguine in its view that a solution will inevitably be found," writes...
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