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Europe Daily Bulletin No. 10690

18 September 2012
ECONOMY - FINANCE - BUSINESS / (ae) cyprus
No cash flow problems in Cyprus

Nicosia, 17/09/2012 (Agence Europe) - Cypriot finance minister Vassos Shiarly said in Nicosia after a meeting of the ECOFIN Council on Saturday 15 September, that Cyprus would not face any cash flow problems in the immediate future. This puts Cyprus in a better position than other countries that have negotiated international aid. For tactical reasons, he refused to say when Cyprus would start to have liquidity problems or how much aid the island would be needing.

On 14 September, the head...

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