Reuters: Money News: Cyprus details heavy losses for major bank customers

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Cyprus details heavy losses for major bank customers Mar 30th 2013, 15:01 NICOSIA (Reuters) - Major depositors in Cyprus's biggest bank will lose around 60 percent of savings over 100,000 euros, its central bank confirmed on Saturday, sharpening the terms of a bailout that has shaken European banks and saved the island from bankruptcy.

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