Cyprus president faces "very difficult task" to save economy

Written By Unknown on Minggu, 24 Maret 2013 | 18.12

NICOSIA, March 24 | Sun Mar 24, 2013 5:53am EDT

NICOSIA, March 24 (Reuters) - Cypriot President Nicos Anastasiades, due in Brussels on Sunday to seek an 11th-hour reprieve from financial meltdown, has a very difficult task ahead of him if he is to save the island's economy, a government spokesman said.

Anastasiades and his team, who are seeking a bailout from international lenders, have a "very difficult task to accomplish to save the Cypriot economy and avert a disorderly default if there is no final agreement on a loan accord," the spokesman said.


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