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Cyprus joined the euro in 2008 (Photo: Dogfael)

Cyprus bailout delayed amid debt restructuring reports

Cyprus bonds plunged to a three-month low on Thursday (20 December) after the International Monetary Fund reportedly demanded a Greek-style debt restructuring before agreeing to a bailout.

Earlier that day, German newspaper Sueddeutsche Zeitung reported that the IMF would only agree to participate in a bailout programme for the island nation if part of its...

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Cyprus joined the euro in 2008 (Photo: Dogfael)

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