VIENNA, March 20 Cyprus must make the next move
if it wants to revive its international bailout and European
institutions will not fund it forever on current terms, Austrian
Finance Minister Maria Fekter said on Wednesday.
"We will certainly help the Cypriots but only under
conditions that make sense. Certainly neither the ESM (euro zone
bailout fund) nor the ECB can allow a bottomless pit," she told
reporters, adding lenders cannot accept any measures that
increase Cyprus's debt further.
Cyprus overwhelmingly rejected a proposed levy on bank
deposits as a condition for a European bailout on Tuesday,
throwing international efforts to rescue the latest casualty of
the euro zone debt crisis into disarray.