Lessons from the Cypriot events. With the Cypriot affair now more or less sorted out, other more important aspects of Community activity are resuming priority - with the fine-tuning of the 2014-2020 financial framework that will determine the future of European construction being at top of the list.
The Cypriot events have brought their share of lessons. The events have enabled several principles to be clarified and confirmed - in particular: (1) the banks are responsible for their...