Author (Person) | Wilson, James |
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Series Title | Financial Times |
Series Details | 26.6.12 |
Publication Date | 26/06/2012 |
Content Type | News |
Cyprus became the fifth eurozone country to seek an international bailout on the 25 May 2012 amid mounting economic problems and fresh challenges for its banks after a credit-rating agency downgrade. Bowing to eurozone pressure, the cash-strapped government of President Demetris Christofias said it had asked for help, just days before a deadline to recapitalise one of the country’s largest banks. |
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Countries / Regions | Cyprus |