Cypriot Banks May Need $12.6 Billion Rescue, Phileleftheros Says

Cyprus’s lenders may need as much as 10 billion euros ($12.6 billion) of support, according to a first estimate by the troika delegation that’s on a fact-finding mission to the island, Phileleftheros reported, without saying where it got the information.

Click here for Web link

To contact the reporters on this story: Stelios Orphanides in Nicosia at sorphanides@bloomberg.net;

To contact the editor responsible for this story: Craig Stirling at cstirling1@bloomberg.net

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.