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'60% levy' possible in Cyprus

Savers with the Bank of Cyprus could be given shares in the bank, a source close to the negotiations has told the news agency Reuters as some initial details of the euro bail out are released.

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Cyprus bank customers queue to get hold of their cash

Customers are queuing to get inside Laiki bank in Lakatamia, just outside Nicosia. The bank delayed its opening today due to "technical reasons". Customers are now being allowed inside in small groups.

Banks in Cyprus are being reopened today after being closed for almost two weeks, amid the country's financial crisis. Customers are being restricted on the amount of cash they can withdraw from their accounts.

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