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Cypriot Parliament Faces Bankruptcy Deadline

by Joanna Kakissis
Mar 22, 2013 (Morning Edition) — The tiny Mediterranean island-nation of Cyprus is teetering on the edge of insolvency after rejecting a tax on bank deposits imposed by the E.U. and IMF in exchange for a bailout. Cyprus has until Monday to approve a new bailout plan.

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Joanna Kakissis

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