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The Government of Cyprus in the course of its negotiations with creditors of the Troika (European Commission, European Central Bank and International Monetary Fund), in beginning reached an agreement on the division of the Bank of Cyprus in one commercial and other real estate.

A document from the European Commission (EC) has had accessed the agency Reuters claims that Spain does not need to use the available funds of the ESM to continue supporting the banks. The problem of the sector is the profitability.

Before the German elections Chancellor Angela Merkel spares no effort to mask his tactics wrong in Greek and European crisis, economists say.