Cypriot "no" inspires Greeks to rail against austerity


ATHENS (Reuters) - Greeks and opposition parties inspired by the Cypriot rejection of an unpopular bailout deal urged Athens on Wednesday to stand up to foreign lenders whose demands have resulted in repeated rounds of austerity that have made Greek life a misery.

Cyprus's parliament on Tuesday rejected a levy on bank deposits demanded in return for aid, raising the spectre of a default for the island nation that could mean enduring wave after wave of spending cuts and tax rises, just like Greece.

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