Author (Person) | Pop, Valentina |
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Series Title | EUObserver |
Series Details | 11.04.13 |
Publication Date | 11/04/2013 |
Content Type | News |
Euro zone finance ministers are expected to give political approval on 12 April 2013 to a 10 billion euro bailout package for Cyprus with a view to signing a formal agreement later in April 2013, with the first loans to reach Nicosia in early May 2013. According to internal papers prepared by the troika of international lenders and seen by Reuters and the Financial Times, Cyprus' total financing needs are now €23 billion from the second quarter of 2013 to the first quarter of 2016, six billion more than was originally estimated last year. |
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Source Link | Link to Main Source http://euobserver.com/economic/119764 |
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Subject Categories | Economic and Financial Affairs |
Countries / Regions | Cyprus, Europe |