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Cyprus Crisis Shows 'Lack of Planning': Pro

Thu 28 Mar 13 | 02:00 AM ET
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Cyprus Crisis Shows 'Lack of Planning': Pro

Thu 28 Mar 13 | 02:00 AM ET
Shyam Devani, fx technical analyst at Citi, tells CNBC Cyprus has no choice but to impose capital controls as it can't devalue its currency. This crisis shows a lack of clarity, planning and leadership on a wider European scale, he said.

Topics:

Bailouts  | Europe  | Euro  | Squawk Box Europe
 
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