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< Amanda Knox Retried In Italy?
Mar 25, 2013 07:04
Category: General News

Cyprus Reaches Bailout Deal

NICOSIA, Cyprus (AP) — Lawmakers in Cyprus say it's painful, but a bailout deal reached today is better than the bankruptcy alternative. Cyprus agreed early today to slash its oversize banking sector and make large account holders take losses to help pay to secure a last-minute, $13 billion bailout. Banks have been closed for more than a week in Cyprus.