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Europe Daily Bulletin No. 10626

5 June 2012
ECONOMY - FINANCE - BUSINESS / (ae) cyprus
Commission refuses to comment on bailout idea

Brussels, 04/06/2012 (Agence Europe) - On Monday 4 June, the European Commission refused to comment on rumours that Cyprus, which will be taking over the rolling presidency of the Council of the EU from Denmark on 1 July 2012, may request a European bailout. A Commission spokesperson said there was nothing new to comment upon on the bank, economy or budget questions for Cyprus over and above the Commission's spring economic forecasts and recommendations. The spokesperson said the Commission...

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