BRUSSELS: EU and IMF officials struck a last-minute deal with Cyprus early Monday to resurrect a bailout for the island - but one banking chain goes to the wall and major clients, who include many Russians, will take a giant hit.
Final backing was received at around 0100 GMT, 12 hours into marathon talks for President Nicos Anastasiades with EU, ECB, IMF and eurozone leaders, with Cypriot President Nicos Anastasiades saying he was "content."
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