BRUSSELS (Reuters) - Euro zone ministers struck a deal on Saturday to hand Cyprus a bailout worth 10 billion euros (8 billion pounds) to stave off bankruptcy. Under the programme, the island's debt should fall to 100 percent of economic output by 2020. Here are the outlines of the financial package: - Nicosia will impose a 9.9 percent one-off levy on deposits above 100,000 euros in Cypriot banks and a tax of 6.75 percent on smaller deposits from March 19. The levy will generate 5.8 billion euros. Depositors will be compensated by equity in the banks. ...
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