Bills passed in Cyprus bailout bid

Cyprus lawmakers have approved three key bills aiming to secure a broader bailout package and stave off imminent bankruptcy.

Bills passed in Cyprus bailout bid

Cyprus lawmakers have approved three key bills aiming to secure a broader bailout package and stave off imminent bankruptcy.

The bills passed tonight include a key one on restructuring banks, a second on restricting financial transactions in times of crisis, and one setting up a “solidarity fund”.

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