Brussels, 06/02/2013 (Agence Europe) - Germany will not block financial aid to Cyprus as long as the island meets the aid criteria of the European Stability Mechanism (ESM), explained German Deputy Finance Minister Steffen Kampeter recently, Bloomberg reports. Kampeter said, however, that a number of issues remained to be clarified, such as the danger to eurozone stability of a Cypriot default, the size of the country's financial sector in the future and tackling money-laundering.
The...