Wednesday, April 3, 2013

German Chancellor Angela Merkel Addresses the People of Cyprus


German Chancellor Angela Merkel said on Monday that she was “very pleased” that a bailout agreement had been reached for Cyprus which has averted a financial meltdown.
“I am very pleased that a solution for Cyprus was successfully reached last night which meant that the country's insolvency was averted,” she said in a statement released by the chancellery. - Sapa-AFP

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