Why the Cyprus bailout is a bigger deal than you think

Source: Yahoo News

- Last modified: March 18, 2013 at 1:57 PM

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The eurozone powers-that-be (mainly Germany) gave Cyprus a bailout and insisted that the depositors in Cyprus's banks pay part of the tab — a startling condition that has never before been imposed on any major banking system since the start of the global financial crisis in 2008. Continue reading

 

 

 

 

 

 

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