Cypriot finance minister resigns

The Cypriot finance minister, Kikis Kazamias, resigned on the 16 March 2012 citing health problems, two days after Moody’s, the rating agency, cut the island’s sovereign rating to junk status.

ESO: Background information: Fitch cuts ratings of five eurozone countrie http://www.europeansources.info/record/fitch-cuts-ratings-of-five-eurozone-countries/

ESO: Background information: Cyprus fails to back emergency fiscal package http://www.europeansources.info/record/cyprus-fails-to-back-emergency-fiscal-package/

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