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The EU’s €10bn rescue deal agreed with Cyprus marked a “watershed” in the way the Eurozone would handle failing banks, wrote the economic daily following comments by Jeroen Dijsselbloem, president of the Eurogroup.
Quoting Mr Dijsselbloem, the paper said: “European leaders [are] now committed to ‘pushing back the risks’ of paying for bank bailouts from taxpayers to private investors.”
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