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Showing posts with label Cypriot government. Show all posts
Showing posts with label Cypriot government. Show all posts

5/14/2013

EU bailout fund releases Cyprus aid payment

BRUSSELS: The EU on Monday handed over the first two billion euros of loans agreed under the controversial Cyprus aid deal, the bloc's European Stability Mechanism said in a statement.

3/18/2013

Treasury reassures British savers over funds held in Cypriot banks' London branches

The Treasury has moved to reassure British savers in UK-based branches of Cypriot banks after eurozone finance ministers imposed a tax of up to 10pc on all savers in return for a €10bn bail-out of the island nation’s financial system.