Tuesday, March 19, 2013

Cyprus Rejects Bank Deposit Tax, Scuttling Bailout Deal

BREAKING NEWS Tuesday, March 19, 2013 2:39 PM EDT
The Cypriot Parliament rejected an international bailout package on Tuesday that had sought to tax bank depositors to pay a big part of the bill, despite a revision that would have exempted small bank accounts from the levies.

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http://www.nytimes.com/2013/03/20/business/global/cyprus-set-to-reject-tax-on-bank-deposits.html?hp&emc=na
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