Bank of Cyprus urges government to agree deal to save economy

NICOSIA, March 21 Thu Mar 21, 2013 11:40am EDT

NICOSIA, March 21 (Reuters) - Bank of Cyprus appealed to the island's political leadership on Thursday to broker an immediate deal for funding with the EU to stave off financial ruin.

"It is imperative to move immediately towards brokering a deal with the Eurogroup which would ensure unobstructed liquidity to Cypriot banks to save the Cypriot economy," the island's largest lender said in a statement.