Review: Cyprus agreement in place – relief rally Cyprus: The EU and Cyprus have reached an agreement. The agreement that will secure Cyprus EUR 10bn from the IMF and the EU is now in place. The final agreement is somewhat different from what many had expected. We assess that the agreement will trigger a small relief rally (which has already started). The question is, however, whether the agreement will also make investors forget the very negative economic indicators released in the EU last
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Cyprus agreement leads to "relief rally" – will this last for the rest of the week?