Cyprus may presell gas reserves to ease crisis

Associated Press
Cyprus may presell gas reserves to ease crisis

Cyprus' Finance Minister Harris Georgiades, reflected in a table, listens during an interview with the Associated Press in his office at the Financial ministry in capital Nicosia, Cyprus, Thursday, May 16, 2013. Georgiades also told the Associated Press that limits on bank transactions that were put in place last March to prevent a bank run will be fully lifted eventually, but authorities won’t act “hastily.” He said selling Cyprus’ gold reserves may not be necessary if the country finds other income to repay a 10 billion euro ($12.9 billion) rescue loan it agreed to with its euro partners and the IMF. (AP Photo/Petros Karadjias)

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