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Cyprus, European Union Reach Draft Bailout Deal
CNBC.com At a news conference, Cyprus's finance minister Michael Sarris said the aim was to open Cypriot banks as quickly as possible. He added that Cyprus has averted the possibility of bankruptcy. While Cyprus is the third smallest economy in the euro zone … Luxembourg Finance Minister: We Need to Find Cyprus Solution Sunday night Euro zone finance ministers approve Cyprus rescue plan Draft deal reached to rescue Cyprus, shut a bank: sources |