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Posted On: 03/17/2013 7:16:44 PM
Post# of 63821
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Posted By: wowhappens28
Europe Braces for Fresh Turmoil With Cyprus Deposit Levy

by Patrick Donahue - Mar 17, 2013 3:33 PM CT

Europe braced for renewed turmoil as outrage in Cyprus over an unprecedented levy on bank deposits threatened to derail the nation’s bailout and spark a new round in the region’s debt crisis. The euro tumbled.

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