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'60% levy' possible in Cyprus

Savers with the Bank of Cyprus could be given shares in the bank, a source close to the negotiations has told the news agency Reuters as some initial details of the euro bail out are released.

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Cyprus president thanks public for banks response

Cyprus president Nicos Anstasiades has tweeted his thanks to the Cypriot people who he says have acted with "maturity and collectedness" as the country's banks reopened after being closed for almost two weeks, amid the country's financial crisis:

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