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Posted On: 04/12/2013 10:45:35 AM
Post# of 28539
Posted By: testdemo
Cyprus mulls early EU structural funds: officials

Cyprus' President Nicos Anastasiades addresses a conference of civil servants in Nicosia DUBLIN (Reuters) - Cyprus is considering putting EU structural funds to earlier use to help its stricken economy but is not asking for a bigger bailout from the euro zone and the International Monetary Fund than the agreed 10 billion euros, EU officials said on Friday. Cypriot President Nicos Anastasiades told reporters in Nicosia on Friday that he would send a letter to European Commission President Jose Manuel Barroso and European Council President Herman Van Rompuy to give it extra assistance given the bad economic situation of the island. ...



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