Romania: Cypriot parliament rejects bank deposit tax demanded for EU/IMF (...)

March 20, 2013

Cypriot parliament rejects bank deposit tax demanded for EU/IMF bailout
Mar 20, 2013

Cypriot parliament rejects bank deposit tax demanded for EU/IMF bailout.
After Cyprus’ parliament rejected the bank account tax in the country demanded in return for an EU/International Monetary Fund (IMF) bailout, the next steps for the tiny island state are now uncertain. An amendment to the proposal was made exempting deposits of less than EUR 20,000, after (...)
[Read the article in Romania Business Insider]

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