WWMT Newschannel 3 - Search Results
Cyprus Finance Minister resigns
CYPRUS (NEWSCHANNEL 3) - Cyprus' Finance Minister has resigned after the start of an investigation into how the country's economy nearly collapsed last month.
Michalis Sarris is being criticized for how he handled the country's negotiations with its internal creditors.
Cyprus now has until 2017 to generate a 4 percent surplus thorugh spending cuts and tax hikes.