Marginal Revolution: The countercyclical Cypriot asset

Marginal Revolution Small steps toward a much better world.

The countercyclical Cypriot asset Mar 27th 2013, 01:20 The only new arrivals [in the Cypriot economy] were foreign exchange companies, such as MoneyGram, which Cypriots might soon use to send their savings out of the country or to receive money from relatives living abroad. From the FT here is more, none of it good news.

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