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Tag Archives: EU laws

IIF: Eurogroup decision on Cyprus violates EU laws

Eurogroup’s decision on Cyprus was a failure, a top official of the Institute of International Finance told a Cypriot newspaper on Sunday. Hung Tran, the First Deputy Managing Director of the IIF, told Phileleftheros newspaper in Nicosia that the decision to impose a haircut on Cypriot bank accounts was “a …

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