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Europe | |
Cyprus seeks EU bailout amid worsening economic crisis | |
2012-06-26 | |
[Iran Press TV] The Cypriot government has announced that it is seeking a bailout from the European Union, citing exposure to Greek economy as the cause. The country on Monday informed European authorities of its decision to submit to euro member states a request for financial assistance, according to a statement by the country's European Union embassy in Brussels.
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Posted by:Fred |