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EU Finance Ministers Approve Cyprus Bailout Deal

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EU Finance Ministers Approve Cyprus Bailout Deal

EU Finance Ministers Approve Cyprus Bailout Deal
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EU Finance Ministers Approve Cyprus Bailout Deal

by Associated Press Videos 1:21 mins

A deal was reached in Brussels today that would prevent Cyprus' bankruptcy by securing a last-minute $13 billion bailout on the condition that the country cut back its banking sector and force large losses on big deposits to help foot the bill. (March 25)

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