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Harris Georgiades: The banking crisis - is the government's failures

Cyprus Finance Minister, Harris Georgiades, admitted that the problem of the Cypriot public finances and the banking system were the result of their own shortcomings and failures of the government.

"Recognizing the challenges that have arisen in our country, we took control of the situation," he said in an interview with broadcaster BBC. «We can explain to the public that we solve these problems," he added.

A source:

Tags: Economy, Government, Banks

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