 NBCNews.com (blog) | Cyprus passes bills for EU bailout; Greece to take over bank branches NBCNews.com (blog) By Kari Huus, Staff writer, NBC News. Lawmakers in Cyprus approved three bills late Friday aimed at securing a bailout for its troubled banks from the European Union and averting a financial meltdown. UPDATE 1-Greece agrees to buy out local units of Cypriot banks Greece confirms Piraeus picked to buy Cypriot units Greece agrees on deal for takeover of units of Cypriot banks |
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