Lunchtime in Nicosia: A couple of pictures (I, II) of lengthening ATM lines in Cyprus. Earlier,...
Lunchtime in Nicosia: A couple of pictures (I, II) of lengthening ATM lines in Cyprus. Earlier, the ECB goes all-in, threatening to withdraw ELA funding if the country doesn't get a bailout together by Monday. It's not clear the ECB can do this without a two-thirds vote of the Governing Council, and it's not clear the Germans have the votes.
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