INTL Cypriot finance minister resigns

Cypriot Finance Minister Michael Sarris has resigned after completing talks on a controversial bailout deal.



Local media reports suggest Mr Sarris will be replaced by Labour Minister Haris Georgiades.



The Cypriot government says President Nicos Anastasiades has accepted the resignation of Mr Sarris, who had been under fire for his handling of the bailout deal.



The president earlier ordered an investigation into what led the island nation to the brink of bankruptcy before it was forced to accept tough bailout conditions.



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