View Full Version : @cypnew now Deal btw cyprus and eurogroup 30% haircut on bank of Cyprus

03-24-2013, 05:45 PM

03-24-2013, 05:48 PM
Cypriot president threatens to resign
Cypriot President Nicos Anastasiades has threatened to step down during a heated exchange with European Union and IMF officials in Brussels, where he is holding talks over the bailout package for the country’s troubled economy, Reuters reports citing a senior official. According to the source, Anastasiades objected to a proposal that two Cypriot banks be shut down if Cyprus is to meet the terms of the bailout being offered by the EU and IMF.