Cyprus to Receive More Capital

Politics ♦ Published: April 12, 2013; 16:10 ♦ (Vindobona)

Cyprus requires more money than expected and will receive it. Head of Eurogroup, Jeroen Dijsselbloem, has promised an examination if money laundering exists.

Cyprus to Receive More Capital / Picture: © Wikipedia / ATX-NL

The Eurogroup has granted a bail-out package for Cyprus with financial aid money of international creditors in the amount of € 10bn. The program encompasses all necessary elements so it can be submitted to the national parliament for approval, head of the Eurogroup, Jeroen Dijsselbloem explained on Friday in Dublin after an informal meeting of the finance ministers of 17 EU countries.…