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Europe Daily Bulletin No. 10784

13 February 2013
ECONOMY - FINANCE - BUSINESS / (ae) cyprus
Uncertainty about Cypriot aid package

Brussels, 12/02/2013 (Agence Europe) - Nothing concrete emerged from the eurozone finance ministers' meeting in Brussels on Monday 11 February about whether savers would be forced to accept a writedown in the value of Cypriot bonds as part of the country's rescue package.

The head of the Eurogroup, Jeroen Dijsselbloem, and Luxembourg Finance Minister, Luc Frieden, did not rule out such an option for making the Cypriot debt sustainable. Euro Commissioner Olli Rehn said that the idea of...

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