NICOSIA, Cyprus (AP) — Cypriot officials rushed Wednesday to find new ways to stave off financial ruin, including asking Russia for help, after Parliament rejected a plan to contribute to the nation’s bailout package by seizing people’s bank savings.Tuesday’s rejection of the plan to take a slice of all deposits above 20,000 euros ($25,888) has left the country’s bailout in question. Without the bailout, the Cypriot banking sector would collapse, devastating the economy and potentially causing the country to leave the euro.
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