Cypriot rescue could become model, Eurogroup head says

Eurogroup President Jeroen Dijsselbloem has suggested that Cyprus' €10 billion rescue might become a model for future aid packages. "If we want to have a healthy, sound financial sector, the only way is to say, 'Look, where you take the risks, you must deal with them, and if you can't deal with them, you shouldn't have taken them on, and the consequence might be that it is end of story'," he said. "That's an approach that I think we, now that we are out of the heat of the crisis, should consequently take."

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