March 31, 2014 / 7:36 AM / 4 years ago

Eurogroup head says optimistic on Cyprus recovery

NICOSIA, March 31 (Reuters) - Eurogroup President Jeroen Dijsselbloem said on Monday he was optimistic that the Cyprus economy could recover from a crisis that rattled the foundations of the euro zone a year ago and pushed the island to the brink of bankruptcy.

“I think there will be difficult times ahead, and yet I think there will be a new perspective for the economy of CyprusI think the economy of Cyprus has shown to be dynamic and flexible, and therefore I am optimistic that Cyprus will recover within a short period of time,” Dijsselbloem told reporters in Nicosia.

Reporting by Michele Kambas; Editing by Mark Heinrich

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