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Eurogroup chief blames Cyprus banks for 'risky' investments

07.05.13 @ 19:46


Eurogroup chief Jeroen Dijsselbloem told MEPs Cyprus is "a very special case". "Cypriot banks decided to invest in Greek bonds at a time when it was already very risky," he said in reference to losses that had to be imposed on Cypriot banks as part of a bailout deal.

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