The Government of Cyprus has requested the support of the European financial stability Fund (EFSF) or European stabilization mechanism (ESM). This is the fifth country in the eurozone, which required the assistance of external creditors.
Three countries-Greece, Ireland and Portugal-have asked for external financial assistance to support the country's economy. 25 June day more Spain asked the euro 100 billion euros to recapitalize the banks, that is only for the banking sector.
