BR100 Decreased By (-1.6%)
BR30 Decreased By (-2.17%)
KSE100 Decreased By (-1.58%)
KSE30 Decreased By (-1.67%)
BECO 5.56 Decreased By ▼ -0.07 (-1.24%)
BML 58.75 Decreased By ▼ -0.77 (-1.29%)
BOP 35.37 Decreased By ▼ -0.68 (-1.89%)
CNERGY 8.26 Decreased By ▼ -0.18 (-2.13%)
DCL 11.70 Decreased By ▼ -0.22 (-1.85%)
FCCL 57.09 Decreased By ▼ -0.98 (-1.69%)
FCSC 5.35 Decreased By ▼ -0.18 (-3.25%)
FFL 18.28 Decreased By ▼ -0.09 (-0.49%)
FNEL 1.31 Decreased By ▼ -0.01 (-0.76%)
HUMNL 11.33 Decreased By ▼ -0.17 (-1.48%)
KEL 8.20 Decreased By ▼ -0.24 (-2.84%)
KOSM 6.92 Decreased By ▼ -0.06 (-0.86%)
MLCF 99.70 Decreased By ▼ -2.77 (-2.7%)
NBP 202.50 Decreased By ▼ -4.97 (-2.4%)
PACE 11.26 Decreased By ▼ -0.31 (-2.68%)
PAEL 42.72 Decreased By ▼ -1.01 (-2.31%)
PIAHCLA 26.59 Decreased By ▼ -0.48 (-1.77%)
PIBTL 17.84 Decreased By ▼ -0.38 (-2.09%)
PPL 245.00 Decreased By ▼ -4.06 (-1.63%)
PRL 35.61 Decreased By ▼ -1.03 (-2.81%)
PTC 64.92 Decreased By ▼ -2.10 (-3.13%)
SEARL 94.61 Decreased By ▼ -1.31 (-1.37%)
SSGC 31.30 Increased By ▲ 0.67 (2.19%)
TELE 9.05 Decreased By ▼ -0.27 (-2.9%)
THCCL 67.50 Decreased By ▼ -1.75 (-2.53%)
TPLP 10.70 Decreased By ▼ -0.34 (-3.08%)
TREET 25.92 Decreased By ▼ -0.68 (-2.56%)
TRG 69.10 Decreased By ▼ -0.74 (-1.06%)
WAVES 11.34 Increased By ▲ 0.07 (0.62%)
WTL 1.31 No Change ▼ 0.00 (0%)

Angela-Merkel-_400BERLIN: German Chancellor Angela Merkel stressed in a phone call with the Cyprus president Monday that his country hold talks only with international creditors on its bailout deal, a government spokeswoman said.

"A telephone call between Mrs Merkel and the Cypriot president took place yesterday evening," the spokeswoman told AFP Tuesday, without providing further details.

"The chancellor once again emphasised that the negotiations are to be conducted only with the Troika," she added, referring to the term used for the European Union, the European Central Bank and the International Monetary Fund.

The comment was made as the Cypriot finance minister headed to Moscow after an explosion of anger in Russia at the EU bailout deal for the island that could see Russian investors lose billions of euros.

The German spokeswoman also declined to say whether the phone conversation took place before or after Merkel met French President Francois Hollande and European Commission president Jose Manuel Barroso in Berlin late Monday.

The three leaders, in statements before meeting top business representatives here, did not address the crisis in Cyprus.

Cyprus Tuesday was reviewing its bailout package ahead of a scheduled parliamentary vote on the deal after the eurozone urged a rethink on a controversial levy on bank deposits.

Comments

Comments are closed for this article.