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Currency Controls in Cyprus Increase Worry About Euro System

Geen categorie10 jul 2013, 17:30
NICOSIA, Cyprus — On a visit to Athens this year, Marios Loucaides, a Cypriot businessman, saw an apartment he liked in the heart of the Greek capital and decided to buy it. He told the owner he would seal the deal with a bank transfer — the price was 170,000 euros, about $220,000 — once he got back to Cyprus.
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