Eurogroup and IMF agree on Cyprus bailout
- 11 years ago
After ten hours of talks the deal was struck!
Eurozone finance ministers and IMF chief Christine Lagarde agreed to a ten billion euro bailout for Cyprus - seven billion short of what the island nation was asking for.
Cash-strapped Cyprus has now become the fifth country to turn to the eurozone for financial help in a bid to stave off bankruptcy.
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No Comment | euronews: watch the international news without commentary | http://www.euronews.net/nocomment/
Eurozone finance ministers and IMF chief Christine Lagarde agreed to a ten billion euro bailout for Cyprus - seven billion short of what the island nation was asking for.
Cash-strapped Cyprus has now become the fifth country to turn to the eurozone for financial help in a bid to stave off bankruptcy.
...
No Comment | euronews: watch the international news without commentary | http://www.euronews.net/nocomment/