Cyprus' President Nicos Anastasiades addresses a conference of civil servants in Nicosia March 29, 2013. Cyprus has no intention of leaving the European single currency, the island's president said on Friday, assuring Cypriots the situation was "contained" in the wake of a tough bailout deal with the European Union. Anastasiades spoke a day after banks reopened their doors following an almost two-week shutdown to prevent a run on deposits by panicked Cypriots and wealthy foreign depositors as the east Mediterranean island flirted with bankruptcy.
Published Mar 29, 2013
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Nicosia - Cyprus will not quit the euro following a harsh EU-led bailout deal that saved the island from bankruptcy, President Nicos Anastasiades was quoted by state media as saying on Friday.
Anastasiades made the comment at an annual conference of civil servants in the capital Nicosia, the Cyprus News Agency reported. - Sapa-AFP
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