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Next few hours to decide Cyprus's fate

Friday, March 22 11:15:26

Cyprus's government urged lawmakers today to "take the big decisions" to save the island from a financial meltdown, saying they had only a matter of hours.

"The next few hours will determine the future of the country," government spokesman Christos Stylianides said in a televised statement before parliament was due to debate a raft of crisis measures proposed by the government.

"We must all assume our share of the responsibility," he said.