12/02/2013 15:15
European Commission Vice President, Olli Rehn stated that the Commission is not working on a debt restructuring plan for Cyprus.
“The Commission's intention is to ensure a fair burden sharing of the cost of restructuring or resolution of Cypriot banks," Rehn told a news conference after a meeting of EU ministers.
"We are working in order to find a solution that ensures both debt sustainability and financial sustainability in Cyprus," he said.
“The Commission's intention is to ensure a fair burden sharing of the cost of restructuring or resolution of Cypriot banks," Rehn told a news conference after a meeting of EU ministers.
"We are working in order to find a solution that ensures both debt sustainability and financial sustainability in Cyprus," he said.
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