IMF puts €1B toward Cyprus' €10B rescue

Cyprus has sworn in Haris Georgiades as finance minister. Meanwhile, the International Monetary Fund has agreed to contribute €1 billion to the country's €10 billion rescue. Cypriot officials say they are pleased that the final agreement is more favourable than a draft document that served as the basis for negotiations.

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Deutsche Welle (Germany) · Cyprus Mail · Kathimerini (Greece) · Telegraph (London) (tiered subscription model), The

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