Euro zone finance ministers urged Cyprus in a tax on bank deposit of pass small savers,fake oakley sunglasses. Cyprus parliamentary vote on tax on Tuesday,replica oakley sunglasses, will determine whether the country can get financial aid,discount oakley sunglasses, or face the danger of default.
Cyprus announced over the weekend, as for the eu 10 billion euros ($13 billion) bailout plan, as part of the country's tax will account to the bank. After practice is that the interests of depositors is inviolable.
The euro and European stock markets fell, on concerns that tiny Cyprus may be renewed financial crisis in the euro area. At the same time, public anger of Cyprus in the heavily guarded before parliament held a demonstration in the country,fake oakley sunglasses.
On Tuesday, officials said before the vote euro zone finance ministers held a conference call late and said deposit less than 100000 euros of small depositors should be protected. If the vote is expected to present stalemate situation, cannot pass, would affect the euro zone as a whole.
According to the agreement reached in Brussels on Saturday, the amount under 100000 euro bank account to pay the tax of 6.7%, more than the amount need to pay 9.9%.
Finance ministers said they tend to be more savings account rates rise to 15.6%, the amount of fewer small savings account escaped.
A Greek finance ministry sources said that Cyprus is unclear whether they would accept the proposal, if accepted, Cyprus is still able to receive 5.8 billion euros via a tax on bank deposit as planned.
"All the eurogroup finance ministers today, say they want to don't tax account deposit less than 100000 euros, but you cannot force a country don't do that," the Greek sources told Reuters.
Tuesday, March 19, 2013
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