Cyprus president says no danger of Greece leaving eurozone

8 April 2016
704 Views

The president of Cyprus says he sees no risk of Greece being forced out of the group of countries that use the euro as their currency.

Nicos Anastasiades said Thursday talks between Greece and its creditors are ongoing and that it would be in no ones interest for Greece to leave the eurozone.

Cyprus, which last month successfully emerged from its own three-year, 10 billion ($11.36 billion) rescue program, took a huge hit from Greece’s economic woes because of its once-close banking and financial ties to the country.

Negotiators from European Union institutions and the International Monetary Fund are meeting with Greek officials to discuss social security reforms that have triggered strong opposition in the country.

You may be interested

Infectious Disease Committee ‘green light’ re-opening of high schools on February 1st – The measures from January 25th
GREECE
shares46 views
GREECE
shares46 views

Infectious Disease Committee ‘green light’ re-opening of high schools on February 1st – The measures from January 25th

makis - Jan 22, 2021

The experts of the Committee of the Ministry of Health gave the “green light” on Friday for the opening of…

EU teleconference Summit: Concerns over Covid-19 mutations and delay in vaccines
GREECE
shares34 views
GREECE
shares34 views

EU teleconference Summit: Concerns over Covid-19 mutations and delay in vaccines

makis - Jan 22, 2021

PM Mitsotakis’ proposal for a European vaccination certificate, which would facilitate travel without the need for a coronavirus test for…

Crete is the most popular holiday destination for Brits
GREECE
shares51 views
GREECE
shares51 views

Crete is the most popular holiday destination for Brits

Panos - Jan 21, 2021

Crete is the most popular holiday destination for this year’s tourist season for the Brits, according to online searches made in…

Leave a Comment

Your email address will not be published.