Cyprus leader Anastasiades attacks bank bailout terms

Cyprus President Nicos Anastasiades has urged eurozone leaders to revise the terms of his country's bank bailout, in a highly critical letter.

However, Eurozone officials mentioned that they had no intention of changing the terms of a bailout for Cyprus, rejecting calls by Cypriot President Nicos Anastasiades who had asked for adjustments to be made to the rescue plan.

ESO: Background Information: Capital flight continues as savers flee Cyprus banks http://www.europeansources.info/record/capital-flight-continues-as-savers-flee-cyprus-banks/

EUObserver, 19.06.13: Cyprus demands revision of 'unjust' EU bailout http://euobserver.com/economic/120544

ESO: Background Information: Leaked report damns Cyprus on money laundering http://www.europeansources.info/record/leaked-report-damns-cyprus-on-money-laundering/

EurActiv, 20.06.13: Eurozone leaders snub Cyprus’ request for new bailout terms http://www.euractiv.com/euro-finance/cyprus-request-bailout-overhaul-news-528727

Spiegel Online International, 25.06.13: Cypriot President: Troika Conditions 'Are Stifling Our Economy' http://www.spiegel.de/international/europe/spiegel-interview-with-cypriot-president-nicos-anastasiades-a-907341.html

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