News Headline Summary

German finance minister Schaeuble says Cyprus bailout deal does not require Cypriot parliament approval

Says:

- Cyprus deal will shrink banking sector to EU average.
- Troika in touch with Russian government.
- Necessary legislation for Cyprus bank restructuring ready in place.

Reaction details (01:29)

- No immediate reaction seen in EUR/USD, trades 1.3036 (+47 pips)

25 Mar 2013 - 01:24 - - Source: Newswires

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