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Global Ethics Corner: When Banks Fail, Who Should Pay? | 04/08/13
Cyprus is the latest European state to need a bailout from the Troika of the EU, the IMF, and the ECB. But this time, individual depositors are being asked to pick up part of the tab. Should taxpayers have to bear the burden if banks fail?
Peacekeeping and Diplomacy in Cyprus, 1964-1993 (Case Study #16) |
This case study raises the question: What is the moral and political responsibility of the international community if the Greek and Turkish Cypriots resume the "ethnic cleansing" practices of the 1960s and 1970s?