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What was Christofias' stance on the local banking system at the end of his term?

  • Supported deregulation

  • Blamed for collapse

  • Promoted privatization

  • Encouraged foreign investment

Answer

Blamed for collapse, Christofias' stance on the local banking system at the end of his term was critical. He held the system accountable for the financial crisis that occurred during his presidency. The collapse of the banking system had a significant impact on the Cypriot economy, leading to a loss of public trust and international financial assistance.
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