Cyprus gets full-blown bailout

Source: EUobserver (EUOBSERVER) i, published on Wednesday, June 27 2012, 17:05.

Cyprus will receive a full-blown bailout, including with funds from the International Monetary Fund, reads a statement from the Eurogroup of finance ministers on Wednesday. This puts the tiny island nation on the same footing as Greece, Portugal and Ireland. Spain, meanwhile, only gets eurozone i bailout money for its banks.


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