The European Union agrees to a €10…

March 2013 CE

The European Union agrees to a €10 billion economic bailout for Cyprus on March 25, 2013.

The bailout loan will be equally split between the European Financial Stabilisation Mechanism, the European Financial Stability Facility, and the International Monetary Fund.

The deal precipitates a banking crisis in the island nation.

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Nicosia > Levkosía Nicosia Cyprus View →

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Cyprus, Republic of View → EU (European Union) View →

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Government View → Custom and Law View → Finance View →

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