European University of Cyprus
Lecturer of Economic History at the European University of Cyprus
PROFILE
Alexander Apostolides
Guest
FROM Alexander Apostolides
To the Point
Will Cyprus Be the Financial Mouse that Roared? The island nation of Cyprus has 1.1 million people — but it's becoming a threat to the entire Eurozone, which is 317 times larger. It's all about banks structured as tax shelters, often for wealthy Russians, banks now in so much trouble they've asked for a bailout. But when Eurozone leaders proposed to tax every depositor – not just the wealthy, ordinary Cypriots took to the streets, emptying ATMs and forcing parliament to reject the deal. What about depositors in Greece and other troubled countries? Will they lose faith in their own banks and their confidence in the Euro?
Recommended
Left, Right & Center
Very legal? Very cool? President Trump says it was very legal and very cool to run his business and campaign simultaneously, but was it?
Red State, Blue State
Americans are Sick and Tired of Politics America feels more divided than ever. But the majority of the electorate is actually united on something: they are tuning out from political debates.