The President of Cyprus has flown to Brussels to broker an arrangement with the Troika. An earlier proposal, which seemed to have been reached on Saturday, was described as in 'flux.' "The negotiations are at a very delicate stage," Christos Stylianides, a government spokesman, told The Financial Times. The latest obstacle is the idea floated by the Troika to also wind-down the island's largest lender. [24 Mar '13]
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