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Cyprus parliament to debate crisis measures on Friday
March 21, 2013 / 9:21 PM / 5 years ago

Cyprus parliament to debate crisis measures on Friday

NICOSIA, March 21 (Reuters) - Lawmakers in Cyprus postponed until Friday a debate on emergency legislation tabled by the government to confront the island’s financial crisis, saying they needed more time for consultations.

The government had submitted bills proposing the creation of a “Solidarity Fund” of state assets, the imposition of capital controls on banks and measures to address the island’s stricken banks as it scrambles to clinch a bailout from the European Union.

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