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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, Exodus 40:16-21, 34-38
Moses did this; he did exactly as Yahweh had ordered him. On ... Read More

Psalm, Psalms 84:3, 4, 5-6, 8, 11
Even the sparrow has found a home, the swallow a nest to place ... Read More

Gospel, Matthew 13:47-53
'Again, the kingdom of Heaven is like a dragnet that is cast in ... Read More

Saint of the Day

July 30 Saint of the Day

St. Peter Chrysologus
July 30: St. Peter Chrysologus, Bishop and Doctor of the Church ... Read More