Cypriot President Nicos Anastasiades reveals an economic stimulus package after an economic bailout inflicted considerable losses on bank savers in Nicosia April 19, 2013. REUTERS/Andreas Manolis
NICOSIA (Reuters) - Cyprus said on Tuesday it was not trying to wriggle out of terms of an EU/IMF bailout imposed on the island, but said some provisions of the deal needed tweaking to address problems in its battered banking sector.
"Every effort will be applied so our positions are met with understanding by our partners... We are not seeking re-negotiation but an adjustment of certain measures," Cypriot President Nicos Anastasiades told reporters.
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