Volker Kauder, leader of Germany's Christian Democrats went on to reject suggestions Cyprus might nationalise pension funds of part-public companies raise cash.
I don't think this can happen, because this would be huge for pensioners, for the small people.
So I don't think this is a proposal that helps. If a proposal comes, I am optimistic.
But we aren't there yet. I still believe we will get a settlement, but Cyprus is playing with fire.
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.