[QODLink]
Europe

Cypriots cope with broken economy

Six months after accepting EU-IMF loan, country struggles with controversial conditions and credit-rating downgrade.

Last Modified: 25 Sep 2013 19:30
Email Article
Print Article
Share article
Send Feedback

Six months ago, Cyprus had to be bailed out by the European Union and the IMF.

The Mediterranean nation nation now has a credit rating downgraded to junk status and has to cope with controversial conditions attached to the bail-out loan.

Al Jazeera's Phil Lavelle reports from the capital, Nicosia, on how the Cypriot people are coping with their broken economy.

60

Source:
Al Jazeera
Email Article
Print Article
Share article
Send Feedback
Topics in this article
People
Country
City
Organisation
Featured on Al Jazeera
More than one-quarter of Gaza's population has been displaced, causing a humanitarian crisis.
Ministers and MPs caught on camera sleeping through important speeches have sparked criticism that they are not working.
Muslim charities claim discrimination after major UK banks began closing their accounts.
Italy struggles to deal with growing flood of migrants willing to risk their lives to reach the nearest European shores.
Featured
US drones in Pakistan have killed thousands since 2004. How have leaders defended or decried these deadly planes?
Residents count the cost of violence after black American teenager shot dead by white Missouri police officer.
EU's poorest member state is struggling to cope with an influx of mostly war-weary Syrian refugees.
Study says tipping point reached as poachers kill 7 percent of African elephants annually; birth rate is 5 percent.
Zimbabwe's leader given rotating chairmanship of 15-member nation bloc a year after he won disputed presidential polls.
join our mailing list