Cypriots Mourn Collapse of Livelihoods as Bailout Crushes Banks
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For Cypriots trying to make sense of the past 10 days, the worst is yet to come.
While they may be staying in the euro for now, people on the island are lamenting the demise of an economy built on the banks that ended up sinking it. Cyprus sealed an agreement with creditors overnight that will shut one of its largest lenders in return for 10 billion euros ($13 billion) of aid.