Sponsored Links:
Sponsored Links:
REUTERS
Cyprus' President Nicos Anastasiades arrives for a meeting with party leaders at the presidential palace in Nicosia. REUTERS/Andreas Manolis
Nicosia - Cyprus President Nicos Anastasiades took to his Twitter account on Friday to send out a distress signal: “The country must be saved.”
“The House of Representatives will soon be called upon to make difficult decisions. There will be painful aspects, but the country must be saved,” he wrote.
The tweet came as an emergency session of parliament due to have started by 0800 GMT to weigh a raft of eight bills aimed at raising billions of euros to secure a vital bailout was still not under way more than nine hours later.
Government spokesman Christos Stylianides said the authorities were locked in “hard negotiations with the troika” over the bailout, referring to the European Union, the European Central Bank and the International Monetary Fund.
Nicosia has until Monday to raise 5.8 billion euros ($7.47 billion) to unlock loans worth 10 billion euros or face being denied ECB emergency funds in a move that would collapse its economy. - Sapa-AFP
) and select "Flag as inappropriate". Our moderators will take action if need be.
 |
 |
 |
 |
Services
Buying a car has never been easy. Motoring.co.za contains a large database of car listings with a user friendly search.
Start searching today »
Business Directory
We like to make your life easier
Mobile
Browse IOL on your phone at m.iol.co.za.
Newsletters
Subscribe to our newsletters. News delivered to your inbox!
