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Europe's Mounting Reluctance to Bail Out Cyprus

Europe's Mounting Reluctance to Bail Out Cyprus

Publicerat av Tony Harkén Tuesday, 15 January 2013.

There is growing resistance in Europe to the planned aid program for Cyprus, because it would also benefit illegal Russian money parked in bank accounts in Cyprus.

The government in Nicosia is willing to make concessions, but Brussels is demanding more reforms.

Read the hole story at Spiegel-Online

Publicerat av

Tony Harkén

cypern

Time in Cypern

CY - Time