06 July 2013 10:15

 NICOSIA - European Central Bank member Jörg Asmussen on Friday refuted information appeared in the German “Die Welt” that he has threatened Cyprus with termination of its rescue package if Cyprus government continues to require changes in the program agreed with the international lenders last March.
According to “Die Welt”, Assmusen’s threats were expressed during the recent meeting Cyprus President Nicos Anastasiades had with ECB chief Mario Draghi in Frankfurt.
The information was also denied by ECB Spokesman.

In Nicosia, Government Spokesman Christos Stylianides welcomed the statement by Assmusen, noting that those who circulated the false information in Cyprus, should apologize to their readers.
He said that this is an extremely harsh period for all and we should all be very careful on what we say and write.

Last March Cyprus agreed with international lenders on a 10 billon euro aid package, under which it closed down the Popular Bank, Cyprus` second largest bank, and imposed painful losses on deposits of more than 100,000 euros. Losses have been imposed also on depositors of Cyprus’ largest bank, the Bank of Cyprus. Both institutions were heavily exposed to the Greek debt. 


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