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Tho logo of the Bank of Cyprus is seen at one of its branches in Athens March 17, 2013.
Tho logo of the Bank of Cyprus is seen at one of its branches in Athens March 17, 2013.
(YORGOS KARAHALIS/REUTERS)

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Three reasons to not freak out over Cyprus

The way some people are talking and tweeting, it’s as if they want Cyprus’s €17-billion bailout to blow up the entire global financial system.

All weekend long my twitter feed was full of business journalists and financial types chattering about the chaos that would come out of the decision to dig into the country’s bank deposits to help cover the bailout tab.