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Saturday, March 30, 2013

Bank of Cyprus's Customers May Lose as Much as 60% on Deposits

Cyprus may imposes losses of as much as 60 percent on Bank of Cyprus Plc accounts exceeding 100,000 euros as part of an aid deal to stop the country from going bankrupt.

http://mobile.bloomberg.com/news/2013-03-30/bank-of-cyprus-s-customers-may-lose-as-much-as-60-on-deposits.html?

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