IMF board OKs Cyprus loan, warns of risks

Reuters – The International Monetary Fund’s executive board approved a $1.3 billion, three-year loan to Cyprus on Wednesday, part of a larger international bailout to help the Mediterranean country avoid defaulting on its debt. Read article

Source Article from http://openyoureyesnews.com/2013/05/16/imf-board-oks-cyprus-loan-warns-of-risks/

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