Brussels, 11/02/2013 (Agence Europe) - On Monday 11 February, Cypriot finance minister Vassos Shiarly said private owners of Cypriot sovereign debt (gilts) and holders of Cypriot bank accounts would not be made to pay as part of the country's bailout currently being negotiated.
On arriving for the Eurogroup meeting in Brussels, Shiarly said that bail-in of depositors was “an unlikely scenario, we will not accept it”. In an interview the same day with the Dow Jones, Shiarly said that any...