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Cyprus works on Plan B to stave off bankruptcy

Nicosia, Cyprus and the Cyprus government and the central bank is studying alternative pulled out billions of euros of funds, in order to avoid bankruptcy, one day after parliament rejected a preliminary plan to raise funds, grabbed 10% of the people's bank savings.
Government spokesman Christopher Keith and leah, who said, in the central bank meetings to discuss "plan B" to raise funds, but also to reduce the 580 million euros ($75 billion), and must find a home.
The deputy governor of the bank, Mr. Ross Keith said, has taken any decision, since the weekend, the closed Banks, will be reopened.
(Wednesday) is the new plan has not yet to the European Union and international monetary fund (IMF), he said.


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