Subscribe to our channel [ Ссылка ]
Subscribe to our channel [ Ссылка ]
Cyprus' President Nicos Anastasiades, in Brussels for talks with EU and European Central Bank officials over a crucial bailout, is facing an uphill task to save the island's economy, a government spokesman has said.
The unnamed spokesman, who was quoted by the Reuters news agency, said on Sunday Anastasiades had a "very difficult task to accomplish to save the Cypriot economy and avert a disorderly default if there is no final agreement on a loan accord".
Cyprus is seeking a 10 billion euro ($13bn) bailout from the "troika" of international lenders - the European Union, the European Central Bank (ECB) and the International Monetary Fund (IMF) - but has to raise 5.8 billion euros ($7bn) by Monday to qualify for the package.
Al Jazeera's Jonah Hull reports from Nicosia.
At Al Jazeera English, we focus on people and events that affect people's lives. We bring topics to light that often go under-reported, listening to all sides of the story and giving a 'voice to the voiceless.'
Reaching more than 270 million households in over 140 countries across the globe, our viewers trust Al Jazeera English to keep them informed, inspired, and entertained.
Our impartial, fact-based reporting wins worldwide praise and respect. It is our unique brand of journalism that the world has come to rely on.
We are reshaping global media and constantly working to strengthen our reputation as one of the world's most respected news and current affairs channels.
Social Media links:
Facebook: [ Ссылка ]
Instagram: [ Ссылка ]=...
Twitter: [ Ссылка ]
Website: [ Ссылка ]
google+: [ Ссылка ]
