'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.
Cyprus president takes pay cut amid financial crisis
Cyprus president Nicos Anstasiades has taken a 25 percent pay cut as the country's financial woes continue. Restrictions on cash withdrawals are also expected to continue for some time.
Europe Correspondent Emma Murphy reports:
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