login
login

Europe Daily Bulletin No. 10733

20 November 2012
Contents Publication in full By article 16 / 35
ECONOMY - FINANCE - BUSINESS / (ae) cyprus
Bank bailout deal

Brussels, 19/11/2012 (Agence Europe) - On Sunday 18 November 2012, the Central Bank of Cyprus announced that it had reached agreement with the troika of lenders (European Commission, ECB and IMF) on the bailout of Cypriot banks, one arm of the financial bailout deal currently being negotiated by the Cypriot government and its future European lenders. Reuters says the two sides have agreed that 9% of Core Tier 1 capital will be required for Cypriot banks by 2014, rising to 10% in 2014. The...

Contents

A LOOK BEHIND THE NEWS
SECTORAL POLICIES
INSTITUTIONAL
ECONOMY - FINANCE - BUSINESS
EXTERNAL ACTION
WEEKLY SUPPLEMENT