29 May 2015 Can the bailout buffer fund a Cyprus solution?

In a recent column Alexander Apostolides suggested that the international community could support a solution of the Cyprus problem if the two communities’ biggest creditors wrote off debt. That would be Turkey for the Turkish Cypriots and the troika lenders – the European Support Mechanism (ESM) and the International Monetary Fund (IMF) for the Greek Cypriots.

Greece has made talk of debt write-offs somewhat toxic these days, however, so maybe there is a more palatable way of approaching it.