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Saturday, March 9, 2013

Euro zone to bail out Cyprus but no details how

Euro zone to bail out Cyprus - no details on how | Reuters: "Euro zone finance ministers pledged on Monday to agree a bailout for Cyprus by the end of March, but details of how the rescue will be financed are yet to be sorted out. Cyprus requested a bailout in June last year but it was not possible to reach an agreement with the last, communist-led government. A new, conservative government took office last month and negotiations have intensified . . . "


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