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Cyprus formally requests EU/IMF bailout

darkman2 · 2012-06-25 16:18:54

Cyprus is pretty small but the principle is the same. They will require a few billion. Just the latest victim of the Eurozone crisis. http://www.rte.ie/news/2012/0625/cyprus-euro-bailout.html Next up, Spain!

25-06-2012 5:18pm

#1

darkman2

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Cyprus is pretty small but the principle is the same. They will require a few billion. Just the latest victim of the Eurozone crisis.

http://www.rte.ie/news/2012/0625/cyprus-euro-bailout.html

Next up, Spain!

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Comments

#2 25-06-2012 5:21pm

WIZE

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But they are Requesting help for China , Russia and Europe

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#3 25-06-2012 5:26pm

darkman2

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They already got assistance from Russia last year to avoid an EU/IMF bailout.

One would imagine the Eurozone will want EU/IMF resources only for this bailout (by proxy that's Russia and China too) so that the same conditions apply to Cyprus as the rest.

They will certain have to take EFSF funding. It would be incredible if IMF monitors were not in the country.

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#4 26-06-2012 5:36pm

Sponge Bob

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Poor feckers have almost no electricity since their only big power station was blown up last year.

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#5 28-06-2012 9:51am

kennyb3

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Slovenia - 6 of 17 if that comes to fruition

http://www.zerohedge.com/news/and-next-deck-slovenia-may-request-bailout-next-month-pm-says

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