Europe Braces for Renewed Turmoil as Cyprus Deposit Levy at Risk

Europe braced for renewed turmoil as outrage in Cyprus over an unprecedented levy on bank deposits threatened to derail the nation’s bailout and spark a new round in the debt crisis. Cypriot President Nicos Anastasiades, who bowed to demands by euro-area finance ministers to raise 5.8 billion eu…

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Europe Braces for Renewed Turmoil as Cyprus Deposit Levy at Risk