Monthly Archives: April 2013

Cyprus Needs $30 Billion In Bailout Money

Cyprus' economy is in deep trouble. The first estimate of $23 billion dollars will not be enough and the country is now asking for $7 billion more. The only catch is that Cyprus will need to raise extra capital itself, by selling off its gold reserves.

By |2021-06-30T06:21:35+00:00April 25, 2013|World Economy|Comments Off on Cyprus Needs $30 Billion In Bailout Money
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