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Cyprus to wait until March for €17bn bailout

21.01.13 @ 21:33

  1. By EUOBSERVER

Cyprus will have to wait until at least March for an EU bailout after eurozone finance ministers Monday said negotiations must continue on a deal worth €17 billion. Jean-Claude Juncker, the outgoing Eurogroup chair, told reporters that "negotiations are ongoing" and will be led by his replacement Jeroen Djisselbloem.