Cyprus president in bailout battle issues 'quit' threat

 

Cypriot President Nicos Anastasiades warned Sunday he may be forced to quit as he battled Brussels bailout bosses, with the clock ticking on a deadline to avert bankruptcy and a potential exit from the euro.

The development was reported by the Cyprus News Agency citing sources at the presidential palace, as Anastasiades fought to unlock urgently-needed bailout cash from the big players -- the heads of the European Central Bank, International Monetary Fund, European Union and eurozone.

"Do you want to force me to resign?" the agency quoted Anastasiades as telling EU and IMF chiefs in the snow-covered Belgian capital.

"I am giving you one proposal, and you do not accept it. I give you another and it's the same. What else do you want me to do?" he was quoted as saying.

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