Political uproar sparked after Reuters Interview with Europgroup Chairman

Markets moved after Reuters interviewed Eurogroup chairman Jeroen Dijsselbloem the day after a Cyprus bailout was finally agreed. Sparking political uproar, Dijsselbloem said that the Cyprus bailout was the shape of things to come, banks would have to fend for themselves and countries would have to take responsibility and not expect that European taxpayers would automatically ride to the rescue.

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Article Tags
Type: Reuters Best
Sectors: Economy & Policy
Regions: Europe / Middle East / Africa
Countries: Bosnia
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