Demonstrators hold signs and banners outside Cyprus’s parliament as they protest plans by the government to sell off state-owned enterprises, in Nicosia February 27, 2014. REUTERS/Andreas Manolis
NICOSIA (Reuters) - Cyprus re-submitted a controversial privatisation law to parliament on Friday in a last-ditch attempt to win support from fractious lawmakers threatening to derail its international bailout programme.
The island's opposition-dominated parliament threw out a proposed roadmap for the sale of state assets on Thursday. The 'No' vote raises the risk the island will be plunged back into fiscal turmoil just a year after the 10 billion euro lifeline from the European Union and IMF pulled it back from the brink of default.
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