News Headline Summary

Cypriot president says as much as EUR 10bln needed to support banks and EUR 1.5bln will be needed for state deficits

Analysis details (18:06)

- The amount of EUR 10bln to recapitalise Cypriot banks is in-line with press reports, and it is expected that Cyprus may need as much as EUR 17.5bln of aid which is almost the size of the country’s economy.

04 Dec 2012 - 18:00 - - Source: Newswires

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