Cyprus votes to create 'national solidarity fund'

NoComment 2013-03-22

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The Cypriot parliament has voted to create 'national solidarity fund' to pool state assets - as it races to find a way to raise 5.8 billion euros to secure an international bailout.

The MPs have also agreed to give the government the power to impose capital controls to prevent a run on the country's troubled banks.

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http://www.euronews.net/

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