Pfeil nach rechts

Broken Levy Parliament in Cyprus Set to Reject Bailout Plan

The Cypriot parliament will almost certainly reject the bailout plan calling for a one-time levy on savings accounts in the country. According to media reports, not a single lawmaker is planning to vote in favor of the package. The country's central bank says capital flight is a risk.
A "closed" sign hangs from the door of a branch of the Bank of Cyprus in Nicosia on Tuesday.

A "closed" sign hangs from the door of a branch of the Bank of Cyprus in Nicosia on Tuesday.

REUTERS
dsl -- with wires