The Cypriot Banking Sector before and after the 2013 crisis
The European sovereign debt crisis has had a lasting and multifaceted effect on the Cypriot economy which has been most acute on the Cypriot banking sector. Following a financial collapse in early 2013, Cyprus adopted a Eurogroup agreement for the recapitalisation of the Cypriot banking sector which essentially imposed the resolution of the country’s second-largest bank and the bail-in of depositors of the country’s largest bank as conditions for Cyprus receiving a EUR 10 billion bailout loan. A Memorandum of Understanding was signed with the Troika in order to secure the loan for the Cypriot economy. The reform of the banking sector has since 2013 been a priority of the Cypriot authorities at various levels and areas of policy.
The upcoming Spring 2017 issue of The Cyprus Review will host a special section on the Cypriot Banking Sector before and after the 2013 crisis. The issue intends to serve as a forum where original scientific research is presented on various aspects of this important topic from a multiplicity of disciplinary approaches. The aim is to address all such pertinent aspects, including, but not limited, to topics such as:
- The growth, failure and collapse of the Cypriot banking sector
- The economic and financial crisis and the banking sector
- The 2013 Eurogroup/Cypriot Government decision concerning Laiki Bank and Bank of Cyprus
- The bail-in haircut of deposits and shareholders
- The Central Bank of Cyprus supervision process, its guidelines and decisions.
- The policy of the Cypriot banking sector post-2013
- The interrelation between the banking sector and political decision-making actors and processes
- The regulation of the Cypriot banking system and the European Union
- Consumer rights and banks
- Banks and society
- The new insolvency framework (examinership, bankruptcy, dissolution, administration)
- Private sale of mortgaged immovable properties by the banks: the new framework and its implications
- Special banking issues (including, inter alia, the restructuring of loans and the debt-for-assets swap Guarantors, mortgages, assignment of rights, loans in foreign currency, floating and fixed charges)
Submission Instructions
- Authors should consult the journal’s guidelines for submission which can be found at: https://www.unic.ac.cy/research/publications/cyprus-review/information-submissions.
- For specific academic enquiries about the special section, please contact the editor-in-chief Dr. Christina Ioannou (ioannou.ch@unic.ac.cy) or the co-editor Dr. Odysseas Christou (christou.o@unic.ac.cy).
- Interested scholars should submit their papers by the final deadline for submission of January 10, 2017 to: odonoghue.a@unic.ac.cy (Publications Editor).
- Submissions should clearly indicate the special section on “The Cypriot Banking Sector before and after the 2013 crisis”.
- In addition to the Special Section, the Spring 2017 issue of The Cyprus Review will also contain its standard features of Articles, Essays and Book Reviews. Submissions in the fields of interest of The Cyprus Review are always welcome.
- Notes for Contributors (PDF 468KB)
About The Cyprus Review
For over a quarter of a century, The Cyprus Review has been at the forefront of scholarship on Cypriot political, social and economic issues, encouraging research and reflection on social and political sciences pertinent to Cyprus. Founded in 1989, The Cyprus Review aims to serve as the forum where original research is presented and to shape discussion of the most important and topical issues through a rigorous scholarship selection and editing process. Meeting the highest international standards, The Cyprus Review is published in the English language, thus engaging in an international dialogue about Cyprus and safeguarding that its content is widely disseminated.
As a Cyprological peer review journal in the wider field of social sciences, The Cyprus Review aims to solicit papers on topics pertinent to the fields of Anthropology, Communication, Demography, Economics, Education, European Integration, History, International Relations, Law, Linguistics, Media Studies, Philosophy, Politics, Psychology, Public Administration and Sociology.
The new Editorial Team of The Cyprus Review is:
- Editor-in-Chief: Associate Professor Christina Ioannou
- Co-Editor: Assistant Professor Odysseas Christou
- Managing Editor: Dr Emilios A. Solomou
- Consulting Editor: Professor Achilles Emilianides
- Publications Editor: Aileen O’ Donaghue