Due to the exposure of Cypriot banks in Greece
A signal of danger for the Cypriot economy due to the exposure of Cypriot banks in Greece, according to information, reflects the double assessment that will be published today by the Commission, for the imbalances of the Cypriot economy and the stability and reform programs submitted by Cyprus…
The same information states that the Commission estimates that any "shock" in the banking sector could have catastrophic consequences.
Source: FILELEFTHEROS
