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 2087 times.
Comments will be moderated. Remarks containing abusive and obscene language, personal attacks of any kind or promotion will be removed and the user banned.
Listing from 2016-08-20 to 2016-08-27
- Most read
- Most e-mailed
1US fine prompts FSC to warn banks over controls
3Cybergirls or selfie obsessed?
4KMT leaders say assets have been returned
5FSC commission to probe Mega Bank