News Column

Cyprus Banks to Stay Closed Until Thursday

March 18, 2013
Cyprus Banks, closed, deposit levy

Nicosia (dpa) - Banks in Cyprus will stay closed until Thursday, the central bank said, as politicians were discussing a plan for a controversial deposit levy.

Parliament was set to convene Tuesday to discuss the tax, demanded by international creditors as part of a bailout deal for the island's ailing banking sector.

Source: Copyright 2013 dpa Deutsche Presse-Agentur GmbH

Story Tools Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters