UK Cypriots to meet over investment in proposed fund


LONDON (Reuters) - UK-based Cypriots mulling ways to raise cash for Cyprus' proposed solidarity fund are due to meet next week, the president of a body representing the most significant community of Cypriots outside of the island itself said on Friday.

The initiative comes as the island struggles to find funds to meet its side of a bailout deal with the European Union or face the collapse of its financial system. Brussels is demanding Cyprus contribute 5.8 billion euros (5 billion pounds) in return for a 10 billion euro ($13 billion) bailout.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

U.S. stocks close mixed
World Future Energy Summit focuses on energy transition, investment
Finnish gov't announces austerity measures to curb public debt
Crude futures settle lower
Trump has an edge over Biden on economy, Reuters/Ipsos poll finds
584 migrants rescued off Libyan coast over past week: IOM
U.S. dollar ticks up
2nd LD Writethru: IMF upgrades 2024 global growth forecast to 3.2 pct
U.S. funds new research centers to study ocean-related exposures' impact on human health
Over 180 Nigerian schoolchildren killed, 1,680 others abducted in 10 years: UNICEF

Others Also Read