Brussels, 13/12/2012 (Agence Europe) - On 13 December, Eurogroup welcomed the commitment by the Cypriot government to the reforms that will be required in return for financial aid. On Wednesday, the Cypriot parliament approved a raft of draft laws to increase taxes and cut public spending. Eurozone finance ministers took note of an interim PIMCO report on Cypriot bank recapitalisation needs, which are reported to be in the region of €9.3 billion, over half of Cypriot GDP. The final report...