Cyprus: President tries to amend bailout plan

posted by
March 17, 2013
Palm Beach Post    
Posted in News

"Cyprus' president said Sunday that he is trying to amend a key provision of an unpopular eurozone bailout plan that would tax deposits in the country's banks to reduce its effect on small savers. But in a nationally televised speech, President Nicos Anastasiades also urged lawmakers to approve the tax in a vote Monday, saying it is essential to save the country from bankruptcy." (03/17/13)

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