Cyprus MPs delay vote on taking money from citizens' bank accounts
on 17/03/2013 12:26:04
Parliamentary official Antonis Koutalianos said the vote that was scheduled for Sunday afternoon has been pushed back to Monday, but the exact hour of the vote has yet to be fixed.
The decision to impose the one-time levy of 6.75% on all deposits under €100,000 and 9.9% over that amount has triggered scorn from Cypriot politicians, who condemned it as unfair, bringing in doubt its approval in parliament.
It marks the first time that the 17 eurozone countries and the IMF have dipped into people's savings to finance a bailout.