![]() New York Times |
EU Officials Agree to a Deal Rescuing Cyprus
New York Times BRUSSELS — Struggling into the early-morning hours to avoid a collapse of Cyprus's banking system, European Union leaders on Monday agreed on a bailout package intended to keep Cyprus in the euro zone and rebuild its devastated economy. Cyprus to Chop Banking System to Win Aid, Avoid Default Cyprus agrees €10bn bailout deal Cyprus secures international bailout, avoids bankruptcy, but large bank … |