News Headline Summary

Central Bank of Cyprus is preparing to give local banks EUR 9.4bln as Emergency Liquidity Assistance (ELA)

Update details:

- Cyprus applied for a full EU-International Monetary Fund bailout back in June 2012 mainly due to the fallout of a Greek debt writedown earlier that year.

Print 07:56, 14 Jan 2013 - Economic commentary - Source: Handelsblatt