Decision postponed on dipping into Cypriot savings
- The Cypriot Parliament says the debate and vote on the controversial charge on savings accounts has been pushed back to Monday
- If approved, the plan would impose a one-off charge of 6.75% on all deposits under €100,000 and 9.9% over that amount
- Some Cypriot politicians condemned it as unfair, which could threaten its chances of being approved in parliament
- It would mark the first time that the 17 eurozone countries and the IMF have dipped into peoples' savings to finance a bailout
Cyprus rescue deal spreads fear beyond its shores
Cyprus' rescue deal has sent shivers through southern Europe after a key eurozone figure said it would be a model for future bailouts.
Unclear future for Cypriots after 'painful' bailout deal
The future is uncertain for the people who must live with the consequences of Cyprus' "painful" bailout deal.
Cyprus 'bail-in' not a special case after all
The Dutch Finance Minister has said the bank levy 'bail-in' on large depositors "pushes back the risks" from the rest of the eurozone.