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URGENT ¥¥¥ EU, Japan postpone summit over Cyprus crisis

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(Globalpost/GlobalPost)

European Union leaders announced late Friday the indefinite postponement of a key summit with Japan intended to launch crucial free trade negotiations next week because of the mounting debt crisis in bankruptcy-threatened Cyprus.

"It is with regret that we have decided to postpone next week's EU-Japan summit," EU Council and Commission heads Herman Van Rompuy and Jose Manuel Barroso said in a surprise statement.

rt/boc

http://www.globalpost.com/dispatch/news/afp/130322/urgent-eu-japan-postpone-summit-over-cyprus-crisis