Cyprus Gains More Time To Achieve Surplus
Meanwhile, thousands of people attended a charity concert in Nicosia on Monday designed to help the needy at a time of 15 percent unemployment. Some 50 Greek and Cypriot artists were to perform at the CYPRUS AID event at the moat beneath the medieval walls surrounding the old part of the capital.
There was no entrance fee for this outdoor concert, but spectators were expected to drop off non-perishable food items that will be distributed to the poor and unemployed.
"It's a very emotional day for everyone because we are all trying to give to people who need help," said CYPRUS AID volunteer Andriana, who only gave her first name. "We are doing this to help people and we want to send a message to people abroad that if we are united, we can make things happen."
_____AP reporters Alison Mutler in Bucharest, Vladimir Isachenkov in Moscow, and Dalton Bennett in Nicosia contributed to this story.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts