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Saturday, March 23, 2013

Cyprus lawmakers approve key bills for bailout

Small bondholders who say they suffered major losses during Greece's massive public debt write-off last year, protest outside Greece's Parliament in Athens, Friday, March 22, 2013. Greece's Finance Ministry says it has started talks with authorities in Cyprus for the sale of Cypriot bank operations in Greece, as the weeklong bailout crisis threatening the Mediterranean island with bankruptcy remains unresolved. The ministry said Friday that the proposed acquisition by Greek banks would "totally safeguard" deposits in Greece at the Cypriot banks. (AP Photo/Thanassis Stavrakis)NICOSIA, Cyprus (AP) — Cyprus lawmakers have approved three key bills aiming to secure a broader bailout package and stave off imminent bankruptcy.



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