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Eurogroup statement on Cyprus

DUBLIN (Reuters) - Following is the text of the Eurogroup's statement on Cyprus following a meeting of euro zone finance ministers in Dublin on Friday. "The Eurogroup welcomes the staff-level agreement that has been reached between Cyprus and the Troika institutions on the policy conditionality underlying the macroeconomic adjustment programme. The agreement is fully in line with the parameters and key objectives set by the Eurogroup on March 25.

Eurogroup wants Troika to review Cyprus' "Plan B"

Brussels, Mar 21 (EFE).- Finance ministers from the euro zone nations said Thursday they are ready to look at an alternative proposal from Cyprus to resolve that country's financial crisis, but insisted the plan must be reviewed by the Troika. "The Eurogroup stands ready to discuss with the Cypriot authorities a draft new proposal, which it expects the Cyprus authorities to present as rapidly as possible," Eurogroup President Jeroen Dijsselbloem said after a conference call with the ministers.
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