Cyprus officially subject to a EU and European Central Bank

01/03

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A Cypriot worker protests with a Cyprus hat on, in protest against the Memorandum of Troika in Cyprus. The finance minister Vassos Shiarly estimates that Cyprus will receive the first bail-out funds in late January 2013.

02/03

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Cypriot workers protest with a banner against the Memorandum of Troika in Cyprus. The finance minister Vassos Shiarly estimates that Cyprus will receive the first bail-out funds in late January 2013.

03/03

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The "financial aid" provided by the memorandum will be around 17.5 billion euros. Up to 10 billion will be allocated for the recapitalisation of the banks, 7.5 billion for debt refinancing and government spending.