Economics
Netherlands’ Parliament Majority Backs Aid Package for Cyprus
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A majority of Dutch lawmakers backed the 10 billion-euro ($13 billion) aid package to Cyprus amid skepticism from the opposition about the island’s economic prospects.
Economic growth prospects for Cyprus after 2015 can hardly be considered to be realistic, Eddy van Hijum, a member of the Christian Democratic opposition party, said in parliament today. Mark Harbers, a member of the governing VVD Liberal Party, said the country has the potential for gas and tourism revenue to get the economy growing without its being dependent on aid.