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 1756 times.
Listing from 2014-08-27 to 2014-09-03
- Most read
- Most e-mailed
1Filipino peacekeepers in Syria ready to fight, as UN searches for Fiji troops
2Two Chinese surveillance planes blocked by Taiwan
3Chthonic first Taiwanese band to play all three of Japan’s major music festivals.
4EDITORIAL: KMT’s rule-breaking finally judged
5Google building fleet of delivery drones