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EUROPOLITICS / Euro & EMU

Eurogroup

Cyprus caught in full bailout programme, Spain gets bank rescue

By Sarah Collins | Wednesday 27 June 2012

Cyprus will face a full EU-IMF bailout programme to steady its faltering economy, eurozone finance ministers said, on 27 June, as Spain was granted a bank-specific bailout. Cyprus became the fifth eurozone country to apply for aid this week on the...


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