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Cyprus would consider writing off Greek debt if there is a deal
Sunday, June 28, 2015 17:17
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Cyprus's finance minister says his own bailed-out country could consider writing off 330 million euros ($370 million) in rescue loans to Greece if there is a deal with other euro area member nations to lighten the country's debt load.
Harris Georgiades said Sunday the amount is significant relative to the small economy of Cyprus, whose banks took a 4.5 billion euro loss after the 2012 decision to write down Greeces government bonds …. http://www.ekathimerini.com
Source: http://luismmx.blogspot.com/2015/06/cyprus-would-consider-writing-off-greek.html
