‘Appeal to Olli Rehn’

Published on 12 April 2013 at 11:02

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On the eve of the Eurogroup meeting in Dublin on April 12-13, which will notably finalise the details of the Cypriot bailout, Greek President Nicos Anastasiades has written to Economic and Monetary Affairs Commissioner Olli Rehn to request additional financial assistance.
In spite of its harsh measures, the €17bn bailout adopted by the troika of the EU-ECB-IMF on March 25 will no longer be enough to mop up the Cypriot deficit.
The Mediterranean country now needs €23bn, of which €13bn will have to be found by the government in Nicosia.

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