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Associated Press
Cyprus’ Central Bank chief Panicos Demetriades is seen during an interview with The Associated Press at his office in central bank of Cyprus in capital Nicosia, Cyprus, Tuesday, Jan. 15, 2013. Demetriades said banks which took huge losses on Greek debt and loans will need “less than €10 billion ($13.33 billion)” to recapitalize, even in the worst-case scenario. (AP Photo/Petros Karadjias)

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