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Parliament approves bailout deal with a majority vote

By   /   30/04/2013  /   Comments Off on Parliament approves bailout deal with a majority vote

 

By Michele Kambas

Parliament approved on Tuesday an EU bailout including provisions to impose substantial losses on bank depositors and wind down one of the island’s biggest banks.

By a show of hands, 29 lawmakers approved ratification of the bailout bill and 27 opposed.

 

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This article was first published on: Cyprus-Mail

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