Zsolt Darvas - Bruegel


Last quote by Zsolt Darvas

At the end of the day an agreement has to be reached between Cyprus and European partners unless Russia steps in and buys up the whole island. The key question is how to distribute these losses. Russia would be able to absorb it, and could gain much more political and economic influence, for example over recently discovered gas fields in Cyprus.feedback
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Mar 20 2013 Cyprus
This page is completely dedicated to what Zsolt Darvas has to say. All of Zsolt Darvas’s quotes are organized here by date and topic. The most recent quote attributed to Zsolt Darvas came from an article called EU touchy over Cypriot deposit raid: “If Cyprus' parliament rejects it, then the European partners will not lend any money to Cyprus. This would mean that the major Cypriot banks would collapse. There will be enormous financial chaos in Cyprus. That could lead to accelerated exit from euro area, which would be extremely disastrous for the Cypriot people.”.
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