Cyprus financial crisis 2012-2013
GPTKB entity
Statements (60)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
financial crisis
|
| gptkbp:causedBy |
banking sector collapse
|
| gptkbp:completed |
2013
|
| gptkbp:foundedIn |
2012
|
| https://www.w3.org/2000/01/rdf-schema#label |
Cyprus financial crisis 2012-2013
|
| gptkbp:impact |
Cypriot_economy
|
| gptkbp:involved |
political instability
social unrest public protests government intervention debt restructuring austerity measures impact on public services real estate market crash banking sector reforms loss of confidence in banks banking reforms increased taxation impact on economic growth economic recovery plans impact on regional stability loss of savings impact on diaspora communities reduction in public spending impact on small businesses impact on trade relations impact on education system foreign investment decline credit rating downgrades impact on foreign relations impact on healthcare system impact on social services loss of international credibility financial sector regulation impact on financial markets impact on infrastructure projects financial assistance package impact on banking stability impact on consumer confidence impact on currency stability impact on expatriates impact on geopolitical dynamics impact on investment climate impact on labor market impact on public debt impact on remittances impact on tourism sector increased borrowing costs restructuring of banks European_Central_Bank_intervention Troika_negotiations |
| gptkbp:involves |
gptkb:European_Union
gptkb:International_Monetary_Fund bailout agreement |
| gptkbp:ledTo |
capital controls
|
| gptkbp:resultedIn |
economic recession
unemployment increase bank deposit levy closure_of_Laiki_Bank |
| gptkbp:triggerType |
gptkb:Greek_debt_crisis
|