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Cyprus Parliament Approves Upgrade of European Rescue Fund

Cyprus’s Parliament approved an overhaul of the European Financial Stability Facility in a vote in Nicosia today.

The bill was approved with 45 lawmakers voting in support and one abstention in the 56-seat legislature, according to Yiannakis Omirou, the speaker of the chamber.

To contact the reporter on this story: Stelios Orphanides in Athens at sorphanides@bloomberg.net

To contact the editor responsible for this story: Maria Petrakis at mpetrakis@bloomberg.net

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