Cyrpus
Cyprus? There but for the grace of God goes Britain
Cyrpus’ banking sector is grossly inflated with assets and liabilities at around €126bn, or 700% of the island’s GDP. Yet our own banking sector still has assets and liabilities equal to 450% of our GDP.
By Ben Chu | Eagle Eye, Econoblog | Monday, 18 March 2013 at 12:16 pm
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