News Headline Summary

German press Sueddeutsche Zeitung reports that German opposition won't back rescue for Cyprus

Analysis details (02:58)

- Germany's chancellor Merkel is at risk of not having a parliamentary majority.
- The details of the bailout are yet to be finalised and will be discussed at a Eurogroup meeting on January 21st. The needed amount is thought to be around EUR 17bln, equal to the republic's annual GDP.

09 Jan 2013 - 02:53 - Fixed Income Economic Commentary - Source: Sueddeutsche Zeitung

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: