Reuters: Regulatory News: Cyprus exit from euro zone would be "disastrous" - minister

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Cyprus exit from euro zone would be "disastrous" - minister Mar 26th 2013, 16:12 NICOSIA, March 26 | Tue Mar 26, 2013 12:12pm EDT NICOSIA, March 26 (Reuters) - Cyprus Finance Minister Michael Sarris said on Tuesday that exit from the European single currency was not being contemplated and would be disastrous for the island. "The exit of Cyprus from the euro zone, which could mean the exit from the EU, would be disastrous, politically and economically. We do not even want to contemplate it," Sarris told reporters.

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