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As depositors in Cyprus face large losses on their savings, Colm O'Regan wonders how the banks are going to talk their way out of this tricky situation.
www.bbc.co.uk/news/magazine-21965059
The Cypriot deal sets back the cause of the new global rules for bringing order to banking systems when crisis hits. Apart from anything else, in other eurozone countries where banks are weak, it licenses runs on those banks, when a bailout looms.
www.bbc.co.uk/news/business-21827922
