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ECB’s Weidmann: Lesson from Cyprus is banks can be wound down – Reuters Canada

ECB’s Weidmann: Lesson from Cyprus is banks can be wound down
Reuters Canada
BERLIN (Reuters) – The Cyprus bailout shows banks can be wound down despite difficulties, European Central Bank (ECB) policymaker Jens Weidmann said in an interview broadcast on Sunday, adding the situation on the island had stabilized. Weidmann

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