Cyprus seeks to avoid tough terms of European aid

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Philippos Christou Cyprus President Dimitris Christofias, left, and European Commission President Jose Manuel Barroso seen at the Presidential Palace, in Nicosia, Cyprus, Friday, July 6, 2012. Cyprus took over the six-month, rotating EU Presidency from Denmark on July 1st, 2012. NICOSIA, Cyprus — Cyprus won’t accept conditions it deems unfair in exchange for a European bailout, the country’s left-wing president said on Friday, stressing that workers shouldn’t have to bear the brunt of any austerity measures.   Cyprus last week became the fifth country to ask for a bailout from its eurozone partners, just…

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