Europeans Planted Seeds of Crisis in Cyprus

Yannis Behrakis/ReutersThousands of students protested Tuesday outside the presidential palace in Nicosia, the capital, a day after Cyprus agreed to a painful bailout to avert bankruptcy.

By ANDREW HIGGINS and LIZ ALDERMANPublished: March 26, 2013 NICOSIA, Cyprus — When European finance chiefs explained their harsh terms for rescuing Cyprus this week, many blamed the tiny Mediterranean nation’s wayward banking practices for bringing ruin on itself.

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