Cyprus to Take Over European Presidency
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Cyprus to Take Over European Presidency

Nicosia : Cyprus | Jun 26, 2012 at 7:18 PM PDT
Source: Newyork Times
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What was supposed to be a proud moment for this tiny island nation of nearly 800,000 people is turning out to be an awkward embarrassment. The country, whose banks are heavily exposed to Greece 's problems, was forced Monday to request a bailout for its ailing banking sector from the very group of nations... FULL ARTICLE AT Newyork Times
 
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