FRANKFURT – Cyprus's lawmakers need to make "big decisions" Friday in order to prevent a financial disaster, the government said as parliament prepared to debate a range of crisis proposals, according to news reports. "The next few hours will determine the future of the country," government spokesman Christos Stylianides said in a televised statement, according to Reuters. "We must all assume our share of the responsibility," he said. to come up with a plan to raise 5.8 billion euros ($7.5 billion) in return for a 10 billion euro bailout. The it will cut off emergency liquidity Monday to the nation's financial sector unless a plan is in place to shore up troubled banks.
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