2013-04-01cyprus.com

``I don't see any version of the numbers where Cyprus is not a net creditor to the EU bailout regime, as opposed to a net beneficiary. Cyprus should be fighting to block the ELA transfer to Bank of Cyprus at this stage... Cyprus, voluntarily or not, has contributed around 5% of the Greek public and private debt reduction, despite being 0.2% of the European economy, so a rate of 25x the European average, plus or minus.''



Comments: Be the first to add a comment

add a comment | go to forum thread