A 17 billion euro rescue would increase Cyprus’ debts to about 145 percent of GDP, a level considered unsustainable. Greece’s bailout calls for it to cut its debt-to-GDP ratio to 120 percent by 2020, but that would be too high for Cyprus.
Wed, Mar 06, 2013 - Page 15 News List
Eurozone pledges to bail out Cyprus
‘BAIL IN,’ BAIL OUT:Cyprus has agreed to review its money-laundering laws, consider privatizing state assets and restructure banks, with depositors paying part of the rescue
This story has been viewed 1773 times.
Listing from 2014-09-25 to 2014-10-02
- Most read
- Most e-mailed
1Beijing jailed academic over lecture, report says
2Ma Ying-jeou hit by ‘Formosa Betrayed’
3Singaporean widow wants Chinese man to give fortune back
4Defense ministry, NSB pan spying ‘media allegation’
5Officials reject Xi Jinping’s ‘solution’