Cypriot parliament votes against euro zone bailout plan; "Plan B" being advanced

April 2013
Political Intelligence Briefing;4/1/2013, p15
The article reports that the Cypriot Parliament has voted against the euro zone bank bailout deal, which includes a decision to apply haircuts on all bank deposits in an attempt to save the banking sector from collapsing. Details of President Nicos Anastasiades' new plan for securing rescue funds for Cyprus' banks are also discussed.


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