Outgoing Cyprus finmin says funds enough until May

Wed Feb 27, 2013 6:33am EST

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NICOSIA Feb 27 (Reuters) - Cyprus's outgoing finance minister Vasos Shiarly said on Wednesday the government has funds to cover its obligations until May as its eight-month wait for an international bailout continues.

"Based on the data before us, fiscal issues can be managed without a problem until May, because we always work three months ahead," Shiarly told reporters after meeting Cyprus President-elect Nicos Anastasiades and Michael Sarris, the island's new finance minister.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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