Media ID: 55296744
Caption:
Cyprus lawmakers vote on key bills aimed at securing a broader bailout package from international creditors in parliament in capital Nicosia, Cyprus, late Friday, March 22, 2013. (AP Photo/Petros Karadjias)
by Asharq Al-Awsat | Mar 23, 2013 | World
Nicosia, AFP—Cyprus reported “significant progress” in talks on Saturday with the EU and IMF aimed at clinching a EUR 10 billion (USD 13 billion) bailout to save the Eurozone member from looming bankruptcy. The Cypriot authorities are scrambling to raise...
Media ID: 55296106
Caption:
A cut-out image of Cypriot President Nicos Anastasiades decorates a DJ stand as part of carnival celebrations in Nicosia on March 16, 2013. (AFP PHOTO/HASAN MROUE)
by Asharq Al-Awsat | Mar 17, 2013 | World
Nicosia, AFP—Cyprus postponed an emergency debate in parliament on a controversial EU bailout on Sunday, threatening a prolonged closure of the island’s banks as MPs baulk at an unprecedented tax on savings. Fellow Eurozone countries and international creditors...
