Cyprus Bailout | Charities and Educational Institutions Suffer Haircut Previously it had been thought that Charities, Insurers and Educational Institutions would escape having their deposits used as part of the south’s bailout. This now appears not to be true and that a 27.5% levy will be applied to their deposits above €100,000 at the […] 
North Cyprus Free Press | Austerity Based On Faulty Data Without going into the complexities of constructing a Microsoft Excel Spreadsheet, it seems that an influential Harvard University publication used to justify austerity was based upon inaccurate analysis. In 2010, economists Carmen Reinhart and Kenneth Rogoff released a paper, “Growth in a Time […]
WITHOUT PREJUDICE Cyprus Bailout | We Wuz Robbed! It seems that the general consensus of opinion is that the RoC Government are rooking those who saved for that rainy day. Odd isn’t it that in a country that has so much sunshine the Government thinks it is acceptable to reach in and relieve the […]
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