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Bank customers flee Cyprus

08.03.13 @ 08:54

  1. By EUOBSERVER

Foreign investors have turned their backs on Cypriot banks reducing deposits by €1.7 billion in January, with the trend continuing in February, reports Die Welt. ECB president Draghi commented the situation Thursday, saying that the Cypriot "economy is a small economy, but the systemic risks may not be small."

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