Bob Lyddon’s comments on the Cyprus capital controls were recently published internationally in The New York Times, International Herald Tribune, South China Morning Post, Reuters, Business Standard (India), Irish Independent, CNBC, The Toronto Star, the International Business Times, The Daily Telegraph and on the front page of The Guardian.
“This is a typical set of exchange control measures, more reminiscent of Latin America or Africa,” said Bob Lyddon, the managing director of IBOS, an international banking association. “There is no way these will only last seven days. These are permanent controls until the economy recovers.”
Link to full article in The Daily Telegraph