EU Erosion

Cyprus bank restructuring deal should be considered a template for the rest of the single currency bloc

 

Dutch Finance Minister and President of the Eurogroup Council Jeroen Dijsselbloem gestures during a joint press conference after a Eurogroup Council meeting at EU headquarters in Brussels on March 25, 2013. Photo: AFP

Head of the Eurogroup of eurozone finance ministers Jeroen Dijsselbloem has
spooked global markets by saying the Cyprus bank restructuring deal should be
considered a template for the rest of the single currency bloc.

http://www.telegraph.co.uk/finance/debt-crisis-live/9951727/Cyprus-bailout-live.html