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Maybe next time, I won't ask my friends and partners to help me!
The Cypriot banking sector, which is heavily exposed to Greek debt, will be completely restructured, according to the deal hammered out between Nicosia and its international lenders, the EU, ECB and IMF. Cypriot banks, which have been closed since March 16, should reopen on March 28.
Under the agreement, Piraeus Bank in Greece – a country which maintains strong cultural and economic ties to Cyprus – will take over control of the island's three major banks, the Bank of Cyprus, Laiki Bank and Hellenic Bank.
A conversation with investigative reporters Stefano Valentino and Giorgio Michalopoulos, who have dissected the dark underbelly of green finance for Voxeurop and won several awards for their work.
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