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  • July 28, 2014
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  1. News - World - Cyprus

    Cyprus in ‘superhuman effort’ to reopen banks

    Posted Mar 26th 2013, 10:59pm by Agence France-Presse

    ... of the EU-IMF rescue package Cyprus warned that “superhuman” efforts were needed to reopen its banks by Thursday as protests and uncertainty about the island’s top lender showed that its huge bailout ... rallied against the terms of the EU-IMF rescue package. Banks were shut for an 11th day, leaving homes and businesses on the Mediterranean island short of cash – and there were growing doubts ...

    http://www.scmp.com/news/world/article/1200566/cyprus-superhuman-effort-reopen-banks
  2. News - World - Cyprus

    Cyprus girds for run on banks after sealing bailout

    Posted Mar 25th 2013, 09:33pm by Reuters in Nicosia

    ... billion euros of the 5.8 billion euros the EU and IMF had told Cyprus to raise as a contribution to the bailout, Dutch Finance Minister Jeroen Dijssebloem said. Cyprus government spokesman ...

    http://www.scmp.com/news/world/article/1199643/russia-backstops-cyprus-bailout-despite-anger
  3. News - World - Cyprus

    Cyprus to present redrafted bailout 'Plan B'

    Posted Mar 20th 2013, 09:51pm by Agence France-Presse

    ... Thursday with a Plan B at the presidential palace, aimed at securing an EU-IMF bailout for the Mediterranean island. The CNA news agency said Thursday “is expected to be a difficult day” and went ... a levy on bank deposits over 100,000 euros which had been discussed during the cabinet meeting after parliamentarians rejected the terms of an EU-IMF bailout as “blackmail”. The Cypriot ...

    http://www.scmp.com/news/world/article/1195665/cyprus-keeps-banks-closed-amid-bailout-crisis-talks
  4. Business - Economy - Cyprus

    Cyprus bailout cost jumps in threat to teetering economy

    Posted Apr 12th 2013, 01:56am by AFP

    ... Agence France-Presse in Nicosia Cyprus confirmed on Thursday that the cost of its EU-IMF bailout has surged to 23 billion euros (US$30 billion) from 17.5 billion euros, putting the already ... reached on March 25 in order to secure an EU-IMF contribution of 10 billion euros. Under the preliminary terms of a bailout agreed last month, Cyprus will drastically reduce the size of its ...

    http://www.scmp.com/business/economy/article/1212657/cyprus-bailout-cost-jumps-threat-teetering-economy
  5. News - World - Cyprus

    Cyprus approves first EU bailout measures as clock ticks

    Posted Mar 22nd 2013, 08:56pm by AFP

    ... major state-owned energy firms had turned down deals proposed by Sarris to fill the 5.8-billion-euro shortfall left by the EU-IMF bailout offer. “Our investors examined this issue and showed ...

    http://www.scmp.com/news/world/article/1197403/russia-may-help-cyprus-if-eu-deal-agreed

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