1. Skip to content
  2. Skip to main menu
  3. Skip to more DW sites

Cyprus in Trouble - could the island nation need a bailout?

Fabian ChristAugust 13, 2011

Speculation is rife that Cyprus could be the fourth eurozone nation to need rescue funding. The country is in crisis mode: An explosion knocked out its largest power station, leaving electricity in short supply.

https://p.dw.com/p/Rf1W
Moody's ratings agency downgraded the island nation's credit rating. Economic productivity has sunk dramatically, and the budget is out of control. Report by Julia Henrichmann.