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Wednesday, December 4, 2013

Finance Chief Says Cyprus Danger Over

With its banks still maintaining capital controls, unemployment worsening, and the government relying on international loans to keep the economy intact, Cypriot Finance Minister Harris Georgiades nonetheless said the situation is improving, only eight months after it first asked for a rescue package. Georgiades told CNBC:  “We have exited the danger zone, we are stabilizing […]

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