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Euro in crisis

World news about “Euro in crisis” published by euronews.

14/05 01:55 CET

Cyprus banking reforms praised by EU ministers

Cyprus banking reforms praised by EU ministers

Efforts by cash-strapped Cyprus to restructure its banking systems have been praised at a meeting of Eurozone finance ministers in Brussels. The island has now received the first part of a rescue loan. Debt-ridden Greece was told it needs to speed up its reforms. "Greece…