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Channel: Charlie Charalambous | The Guardian
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In Cyprus a sense of anger and betrayal is everywhere

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Europe has stabbed Cyprus in the back. All us Cypriots can do is grit our teeth, and hope Russia offers a way out

Cyprus has blinked at passing an extraordinary tax on depositors, even if the consequences could mean it exiting the euro and financial chaos. At a vote on Tuesday, the Cypriot parliament threw out the controversial plan to skim 5.8bn (£5bn) from savers' bank accounts, leading to more euro instability.


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