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Tag Archives: welfare funds

Anastasiades: Temporary capital restrictions, prosecutors to seek those responsible for the crisis

Cyprus president Nicos Anastasiades spoke to the nation on Sunday evening and in a televise address he tried to explain the 10-billion-euro bailout deal that will shut down the second large bank of the country and leave owners of more than 100,000 euro in bank deposits poorer at estimated 40 percent. Anastasiades …

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