(Reuters) – Cyprus said on Saturday it would tax big savers at its largest bank in a dramatic U-turn as it raced to satisfy European partners and seal an 11th-hour bailout deal to avert financial collapse.
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Cyprus to tax private savings accounts
23 March 2013 by Black Diaspora
Filed Under: BUSINESS, CABINET, WORLD Tagged With: bailout, black diaspora, Black Diaspora News, cyprus, european bailout, germany, socialism