Official: EU not working on private Cyprus haircut

Associated Press
Official: EU not working on private Cyprus haircut

British Chancellor of the Exchequer George Osborne, left, talks with President of the EU rotating Council and Irish Finance Minister Michael Noonan during the EU finance ministers meeting, at the European Council building in Brussels, Tuesday, Feb. 12, 2013. Irish Finance Minister Michael Noonan has voiced his opposition to any proposal that the European Central Bank should intervene to get the value of the euro down. (AP Photo/Yves Logghe)

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