Germans Warn Cyprus After Bailout Rejection A Russian Rescue

IBTimes
Wednesday 20th March, 2013

Germany’s finance minister warned Cyprus Tuesday night that its banks may never be able to reopen if it rejects the terms of a bailout. Wolfgang Schaeuble said major Cypriot banks were “insolvent if there are no emergency funds,”

Read more

  • No comments yet for this story

  • what do you think

    CAPTCHA Image

    By submitting your comment you agree to Big News Network’s Terms Policies.

    Leave a comment