NICOSIA, Cyprus (AP) — Cyprus has four days to agree on a new plan to raise funds to avoid bankruptcy after the European Central Bank warned Thursday it will pull the plug on the country’s banks at the start of next week if no bailout deal is agreed.Facing the ultimatum, the Cypriot government was racing to cement a new package that will please both Parliament and the country’s potential international creditors.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=90949