A deal was reached in Brussels today that would prevent Cyprus’ bankruptcy by securing a last-minute $13 billion bailout on the condition that the country cut back its banking sector and force large losses on big deposits to help foot the bill.
A deal was reached in Brussels today that would prevent Cyprus’ bankruptcy by securing a last-minute $13 billion bailout on the condition that the country cut back its banking sector and force large losses on big deposits to help foot the bill.
