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President of Cpyrus says country was a euro 'experiment'

In a speech laden with criticism of Europe’s currency union for “experimenting” with the island’s fate, the president of Cyprus has said the risk of bankruptcy has been contained and it has no intention of leaving the euro.

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Germany's denied it. So has the ECB. So whose idea was it to demand a

The eurozone was still embroiled in an acrimonious dispute tonight over whose idea it was to impose a tax on the savings of ordinary depositors in Cypriot banks – a decision that has instigated a financial panic on the Mediterranean island and reactivated the wider eurozone sovereign debt crisis.