ECB 'committed' to providing liquidity despite vote
The European Central Bank (ECB) said it remains committed to providing liquidity despite Cypriot lawmakers overwhelmingly rejecting a levy on savers - a key term of the €10 billion proposed bailout.
"The ECB takes note of the decision of the Cypriot parliament and is in contact with its troika partners," the bank said in a statement. "The ECB reaffirms its commitment to provide liquidity as needed within the existing rules".
The central bank said it is in contact with the International Monetary Fund and its European Union partners on the issue.
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.