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20 Mar 2013
Eurogroup positions in Cyprus remains unaltered, Dijsselbloem says
FXstreet.com (Barcelona) - There are new statements coming through the wires relating to the fluid situation in Cyprus, which recently failed to ratify the infamous bank deposit tax.
According to EU President Dijsselbloem, "the Eurogroup position remains same as stated Monday"... adding "Eurogroup stands ready to assist Cyprus in reform efforts" and that "Cyprus rescue package won't exceed the 10 billion euros."
Meanwhile, ECB' Nowotny also had his say on Cyprus, saying that "is politically not smart to include small saver in bank levy", also adding that "the Parliament NO vote was a problem for Cyprus now."
According to EU President Dijsselbloem, "the Eurogroup position remains same as stated Monday"... adding "Eurogroup stands ready to assist Cyprus in reform efforts" and that "Cyprus rescue package won't exceed the 10 billion euros."
Meanwhile, ECB' Nowotny also had his say on Cyprus, saying that "is politically not smart to include small saver in bank levy", also adding that "the Parliament NO vote was a problem for Cyprus now."