BR100 Increased By (1.65%)
BR30 Increased By (1.85%)
KSE100 Increased By (1.36%)
KSE30 Increased By (1.5%)
AGHA 7.54 Increased By ▲ 0.10 (1.34%)
BECO 5.39 Increased By ▲ 0.09 (1.7%)
BML 58.00 Increased By ▲ 0.94 (1.65%)
BOP 33.93 Increased By ▲ 0.44 (1.31%)
CNERGY 11.12 Increased By ▲ 0.38 (3.54%)
CSIL 6.13 Increased By ▲ 0.09 (1.49%)
FCCL 55.84 Increased By ▲ 1.66 (3.06%)
FFL 16.20 Increased By ▲ 0.13 (0.81%)
FNEL 1.23 Increased By ▲ 0.01 (0.82%)
KEL 7.33 Increased By ▲ 0.15 (2.09%)
KOSM 6.04 Increased By ▲ 0.11 (1.85%)
LOTCHEM 27.21 Increased By ▲ 0.24 (0.89%)
MLCF 97.81 Increased By ▲ 2.94 (3.1%)
NBP 204.50 Increased By ▲ 4.21 (2.1%)
NCPL 56.30 Increased By ▲ 0.83 (1.5%)
NPL 66.30 Increased By ▲ 0.68 (1.04%)
OGDC 318.30 Increased By ▲ 4.26 (1.36%)
PACE 10.72 Increased By ▲ 0.21 (2%)
PAEL 42.95 Increased By ▲ 0.68 (1.61%)
PIBTL 17.25 Increased By ▲ 0.21 (1.23%)
PPL 221.30 Increased By ▲ 5.09 (2.35%)
PRL 64.47 Increased By ▲ 4.33 (7.2%)
PTC 72.27 Increased By ▲ 0.26 (0.36%)
SSGC 25.94 Increased By ▲ 0.66 (2.61%)
TBL 9.78 Increased By ▲ 0.11 (1.14%)
TELE 8.48 Increased By ▲ 0.23 (2.79%)
TPL 21.20 Increased By ▲ 0.87 (4.28%)
TPLP 14.51 Increased By ▲ 1.14 (8.53%)
TREET 23.35 Increased By ▲ 0.30 (1.3%)
TRG 61.05 Increased By ▲ 0.20 (0.33%)

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.