Why Cyprus Might Need Another Bailout

Apr. 1 (Bloomberg Law) -- The sovereign debt crisis in Cyprus marks the fifth European nation to need a bailout in recent memory, but this crisis is unique because European Union regulators are taking the unprecedented step of taxing bank deposits to finance part of the bailout for the nation's banks. Lee Buchheit, sovereign debt guru and architect of Greece's bailouts, tells Bloomberg Law's Lee Pacchia that despite the drastic measures taken, the endgame for Cyprus might be another round of restructuring. "I'm not sure this is over," says the Cleary Gottlieb veteran.
The OnePlus 2 Phone Was Built by Our Fans: Lee
07:42 - OnePlus Southeast Asia General Manager Adrian Lee discusses his company’s new handset that’s launching today and where he sees opportunity. He speaks to Bloomberg’s Rishaad Salamat on “Asia Edge.” (Source: Bloomberg)
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