Cyprus must tackle money laundering, banks for aid: Eurozone
- Published: 11 Feb 2013 at 11.44
- Online news: World
The eurozone aims to agree a bailout accord for struggling Cyprus in March but serious concerns over its banks and money laundering have to be resolved first, the head of the Eurogroup finance ministers said Monday.
The eurozone aims to agree a bailout accord for struggling Cyprus in March but serious concerns over its banks and money laundering have to be resolved first, the head of the Eurogroup finance ministers said Monday.
Dutch Finance Minister Jeroen Dijsselbloem, chairing his first meeting of the 17-nation eurozone, refused meanwhile to be drawn on the euro's recent strength, which France believes needs a response so as to ensure it does not undercut exports and much-needed economic growth.
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