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Monday, March 25, 2013

EUROZONE Bails Cyprus Economy With €20 Billion Euros!


For some years now, the members of the European EUROZONE economy had been experiencing a total economy collapse, starting with Greece, Spain, etc, and now Cyprus.

In a recent move to boost the EUROZONE economy, they have given out a whooping sum of 20 billion euros to the Cyprus government to help keep the banks running for economy boost, and this has further  boosted the EUROZONE shares.

1 comment:

  1. Not sure if this amount of money will help bank to avoid bankruptcy but surely this would help a lot.

    ReplyDelete