Cyprus Parliament Approves Upgrade of European Rescue Fund

Cyprus’s Parliament approved an overhaul of the European Financial Stability Facility in a vote in Nicosia today.

The bill was approved with 45 lawmakers voting in support and one abstention in the 56-seat legislature, according to Yiannakis Omirou, the speaker of the chamber.

To contact the reporter on this story: Stelios Orphanides in Athens at sorphanides@bloomberg.net

To contact the editor responsible for this story: Maria Petrakis at mpetrakis@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.