The Lebanese Banks Association building is seen in Beirut, Lebanon, Thursday, Dec. 15, 2011. (Grace Kassab/The Daily Star)
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Local banks will close Friday to show their opposition to additional taxes proposed by lawmakers to finance the public sector wage hike bill, the Association of Banks in Lebanon said Thursday.Speaker Nabih Berri, who chaired the session, pushed for the wage hike bill to be finalized this week.The Union Coordination Committee, which represents civil servants and teachers, suspended their strike and protests until Monday based on a promise made by Berri that Parliament would pass the draft law before then.During a parliamentary session earlier in the day, Berri said he would hold another session Friday if the joint committees approved the wage hike.
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