#WHYS Cyprus bailout
People across Cyprus are reacting to a one-off levy of up to 10% on individuals’ personal savings in return for a $13bn Eurozone rescue package.
People across Cyprus are reacting to a one-off levy of up to 10% on individuals’ personal savings in return for a $13bn Eurozone rescue package.
Since news of the levy was announced, many Cypriots have been trying to withdraw their money from ATM machines across the country.
Should private savers be penalised? Or is it fair for everyone to contribute towards solving the financial crisis?
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- Mon 18 Mar 201311:05GMTBBC World Service Online
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