Voice of America: Cyprus Secures Bailout from Eurozone, IMF

Voice of America Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries

Cyprus Secures Bailout from Eurozone, IMF Mar 16th 2013, 05:00 Eurozone finance ministers and the International Monetary Fund have struck a deal to give cash-strapped Cyprus a bailout worth $13 billion to avoid bankruptcy. The deal was agreed upon early Saturday after 10 hours of talks. The president of the Eurogroup, Dutch Finance Minister Jerome Dijsselbloem, said the assistance was "warranted to safeguard financial stability in Cyprus and the eurozone as a whole." Cyprus has been caught in a financial crisis aggravated by the situation in ...

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions