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IMF insists on €5.8 bn

19/03/2013 14:45
General Director of the International Monetary Fund, Christine Lagarde expressed support to the efforts of the Cypriot authorities to alleviate losses to savers.

Also, we're obviously very supportive of the intent of the Cypriot authorities to introduce more progressive rates on the flat fee or an exchange of shares against the deposits in the context of the agreed €5.8 billion”, she said within the framework of a press conference in Frankfurt.