News Headline Summary

IMF spokesperson says funding talks with Cyprus expected to continue during coming weeks

Says:
- IMF working with Cyprus to develop durable solution to its banking sector problems.
- Engagement with new Cyprus authorities after election likely to advance discussions on a potential program.
- Cyprus has been able to meet its financing needs through domestic borrowing and IMF expects Cyprus to continue to meet its obligations.
- Will start discussions in Greece in late February and expects to conclude Greek discussions mid-March.

31 Jan 2013 - 16:30 - Fixed Income Economic Commentary - Source: Newswires

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: