Following a proposal by the President of the Republic there was a consensus reached and a unanimous decision was taken for the setting up of an investment solidarity fund. The proposal is currently undergoing legal and technical processing by the Law Office and Republic.
If it is considered necessary, on the basis of the legal and technical processing, the Council of Ministers will be convened immediately in order to approve it, and will be forwarded to the House of Representatives for the rest.
Cyprus' rescue deal has sent shivers through southern Europe after a key eurozone figure said it would be a model for future bailouts.
The future is uncertain for the people who must live with the consequences of Cyprus' "painful" bailout deal.
The Dutch Finance Minister has said the bank levy 'bail-in' on large depositors "pushes back the risks" from the rest of the eurozone.