Cyprus Fin Min Shiarly: Bailout amount seen to be around Eur 17.5 bln

  • Talks with troika are ongoing, hopes issues will be settled soon. ( Cyprus’ President earlier said that country was close to a deal.. if you believe that)
  • No risk whatsoever of halt in payments…. ( won’t that be up to troika?)
  • 2013 Budget contains what was agreed with troika, but… may have further adjustments
  • Final bailout figure will be known after Pimco bank report
  • Troika talks may be on Dec3 Eurogroup agenda
  • 2013 deficit to be 4.4% of GDP

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