Cyprus bailout prevented 'disorderly default', MEPs are told
8 May 2013 Last updated at 10:56 Help
MEPs have been told that without the €10bn EU-IMF bailout, Cyprus would have suffered a "disorderly default" on its debts.
Giving evidence to the Economic and Monetary Affairs Committee on 8 May 2013, Olli Rehn laid much of the blame for the island's economic crisis with the country's previous Communist government, that was voted out of office earlier this year.
More:BBC Democracy Live - Cyprus bailout prevented 'disorderly default', MEPs are told
