Cyprus gets $13 bn rescue loan package from EU, IMF; bank depositors being taxed to contribute

Article by: JUERGEN BAETZ , Associated Press
Updated: March 16, 2013 - 12:11 AM

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jd55604Mar. 16, 13 3:36 PM

This gov expropriation of bank deposits should send shivers down the spines of European investors. If there's any sanity left in the European markets we should be seeing a huge sell-off come Monday.

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Cyprus gets $13 bn rescue loan package from EU, IMF; bank depositors being taxed to contribute

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