NEWS

Cyprus Parliament puts off vote till Tuesday

The Cypriot Parliament has postponed until Tuesday at 6 p.m. the debate on the bill for the bailout package that will include amendments in order to get the House’s vote, speaker Yiannakis Omirou announced on Monday afternoon. The Eurogroup is also about to hold an emergency meeting by videoconference.

The 56-member house decided to put off the crucial plenary debate and vote for more than 24 hours, after the originall schedule for Monday at 4 p.m., following the discussions President Nicos Anastasiades had with parliamentarians on Monday morning to discuss possible changes to the measures.

A German finance ministry spokeswoman confirmed that the Eurogroup will convene via videoconference on Monday afternoon in order to discuss the situation in Cyprus and in European markets.

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