THE CABINET AND THE FINANCE ADVISORS LACK OF COMPROMISE ON THE EUROPEAN UNION RESCUE PACKAGE IN BAILOUT FOR CYPRUS.

THE CABINET AND FINANCE ADVISORS LACK OF COMPROMISE ON THE EUROPEAN UNION RESCUE PACKAGE IN BAILOUT FOR CYPRUS.

      Euro crisis finance advisors and the cabinet remained opposed to the European Union finance Ministers decision for the allocation of the ten million euros in finance rescue package for Cyprus, despite the final decision for the handout of the bailout amount that has been made by the Euro finance Ministers in the meeting held early morning today in Dublin the capital of Ireland. Reasons for the finance advisors and the cabinet lack of compromise on the European Union rescue package  in bailout for Cyprus has not been mentioned. However, the cabinet and the finance advisors indicated in the preious meetings on Cyprus finance crisis, particularly in the bank sector the requirement for changes in the restructure of the bank system and possibly the finance system in the most favorable investment country to prevent further extension of finance packages to the country has begun to lose its reputation for financial stability ad investment opportunities in the Middle Eastern region.

                                                        Written by Professor Godfrey Ohia.