World

Cyprus To OK Austerity In Exchange For Bailout

NPR | Nov. 23, 2012 4:29 p.m. | Updated: Nov. 26, 2012 6:58 a.m.

Contributed By:

Joanna Kakissis

Cyprus is set to become the fifth EU nation to get a bailout from the EU and the International Monetary Fund. The loan would be equal to the island-nation’s GDP.

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