CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business

Going through the drain

Published: 10 Jun 2013 - 11:42 pm | Last Updated: 02 Feb 2022 - 01:26 am

An artwork of plaster toilets by Cypriot artist Andreas Efstathiou is displayed outside the Cyprus Central Bank in Nicosia yesterday in an unusual protest to signal the island’s bailout economy is going down the pan. Efstathiou called it a “symbolic protest” to highlight the pain Cypriots have suffered since Cyprus secured $13bn in European Union rescue aid in return for an unprecedented bail-in from bank depositors.