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The move to take a percentage of deposits, which could raise almost 6 billion euros, must be ratified by parliament, where no party has a majority. President Nicos Anastasiades has warned that Cyprus's two largest banks will collapse otherwise.
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Daily Readings

Reading 1, Ephesians 3:2-12
You have surely heard the way in which God entrusted me with ... Read More

Psalm, Isaiah 12:2-3, 4, 5-6
Look, he is the God of my salvation: I shall have faith and not ... Read More

Gospel, Luke 12:39-48
You may be quite sure of this, that if the householder had ... Read More

Saint of the Day

October 22 Saint of the Day

St. Pope John Paul II
October 22: Karol J. Wojtyla, known as John Paul II since his October 1978 ... Read More