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The chief of the International Monetary Fund (IMF) Saturday expressed her intention to participate in a bailout for debt-ridden Cyprus, dpa reported.
"I will be making a recommendation to the board that the IMF participate in the financing of this programme," managing director Christine Lagarde said in Brussels after talks between eurozone ministers resulted in a rescue package.
She said the plan for Cyprus was "sustainable," fully financed and includes appropriate burden-sharing.
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