The Greek debt that became Cyprus' Trojan Horse
Some news from Cyprus, which sounds uncannily like news from Greece: the country does not have access to the international capital markets and economic reforms are going at a snail's pace. Cypriot banks are drowning in greek junk bonds. That's why they need a muti-billion euro lifeline now too...
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http://www.euronews.net/
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http://www.euronews.net/
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