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
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