A deal was reached in Brussels today that would prevent Cyprus' bankruptcy by securing a last-minute $13 billion bailout on the condition that the country cut back its banking... | More Info

EU finance ministers approve Cyprus bailout deal

AP

A deal was reached in Brussels today that would prevent Cyprus' bankruptcy by securing a last-minute $13 billion bailout on the condition that the country cut back its banking sector and force large losses on big deposits to help foot the bill.

EU finance ministers approve Cyprus bailout deal

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