The government of Cyprus will present a comprehensive plan to reduce its budget deficit
The government of Cyprus will present a comprehensive plan to reduce its budget deficit ahead of the next round of talks on securing a bailout package, the country's finance minister said Monday.
The Greek cabinet has approved a 2012-2015 austerity budget plan as well as laws for its application, a key condition for further EU-IMF help to tame its massive public debt, government sources say.