Cyprus won’t accept conditions it deems unfair in exchange for a European bailout, the country’s left-wing president said on Friday, stressing that workers shouldn’t have to bear the brunt of any austerity measures.
Cyprus last week became the fifth country to ask for a bailout from its eurozone partners, just days before taking over the European Union’s six-month rotating presidency. The country expects to wrap up negotiations on the terms of the bailout by end of month. But it doesn’t want to be forced to take new, harsh austerity measures in exchange for the money.
JOIN THE DISCUSSION | Register here
We welcome comments. Please keep them civil, short and to the point. ALL CAPS, spam, obscene, profane, abusive and off topic comments will be deleted. Repeat offenders will be blocked. Thanks for taking part — and abiding by these simple rules. A thorough explanation of rules of conduct can be found in our Terms of Service. If you have any questions, including why your comment may not be showing immediately after you submit it, be sure to visit the commenting FAQ.