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“The rescue package for Cyprus has been caught in endless deadlock,” notes the daily, which points out that a green light from the island’s MPs remains in doubt in spite of the announcement that small savers will not be affected.
“It feels like 1974 when the Turks invaded us,” remarked the president of the chamber of commerce in the port city of Limassol, Philokypros Andreou, who is quoted by Die Welt. “They are no longer pointing guns at us, instead it is financial instruments. It is a financial genocide.”
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