Cyprus in Emergency Talks with Lenders to Avoid Bank Collapse

Cypriot leaders are holding emergency talks with global lenders in a last-ditch effort to reach a deal on the island’s financial crisis.  If no plan is put together by Monday, Cypriot banks could collapse, plunging the country into bankruptcy and possibly out of the eurozone, threatening the currency’s stability.   Cypriot President Nicos Anastasiades flew to Brussels Sunday to meet with officials from the European Union, European Central Bank, and International Monetary … [Read More]

—–
Source: VOA News: Economy and Finance


« Previous Post
Next Post »
 

Comments are closed. Please check back later.

 
 
 
1