Cyprus Gets New Bailout Deal

Written By Unknown on Monday, 25 March 2013 | 04:29

Article Excerpt

Cyprus Gets New Bailout Deal

Cyprus cumulative a bailout from a general creditors early Monday, finale a week of financial panic that threatened to see a tiny island republic turn a initial supervision to leave a euro zone.

But durability repairs has expected been inflicted on a Cypriot economy. Officials pronounced they trust a nation will now need despotic controls on income transfers in and out of a economy in a entrance weeks or presumably months, slicing off a adults and companies from most of a rest of a euro zone’s financial system. And a bailout module aims to condense a distance of Cypriot banks, …

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Read full article: http://www.guardian.co.uk/world/middle-east-live/2013/mar/22/syria-sunni-cleric-killed-bombing-live


Source:
http://www.news.ezonearticle.com/2013/03/25/cyprus-gets-new-bailout-deal/

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