Cyprus parliament is expected to vote on Tuesday rejected bank deposit the difference tax proposal, make the oil-rich island closer to a default on its debt and bank collapse.
Cyprus weekend announced it would break the tax on bank deposits, in exchange for 10 billion euros ($13 billion) eu bailout conditions, that cause the European financial markets on Monday.
The original proposal is below 100000 euros for depositors and levy the tax of 6.75%, more than 100000 euros of deposits will levy the tax of 9.9%, and Cyprus and euro zone officials have been looking for ways to ease the impact by small savers.
But is unlikely to pass the bill. Cyprus parliament, a total of 56 seats, no party a majority. The house of representatives is expected to hold the meeting. (1600 GMT).
"Bill doesn't have to look," Christos Cypriot government spokesman Stylianides told state radio.
Tuesday's vote has been delayed twice, originally planned on Sunday. Three parties have made it clear not support tax, but another belong to political parties in the ruling coalition, said, according to the present situation, also will not support.
Cyprus President nastase summer o 'in telephone talks with German chancellor Angela merkel on Monday asked the eu to provide more aid, may on the second call on Tuesday. Stylianides, said o nastase summer may also talk with Russian President vladimir putin.
The tax will not only make cypriots who suffered, will also affect the interests of the state-owned commercial thousands of europeans and russians,fake oakleys. Monday,discount oakley sunglasses, putin described the move as ",cheap oakley sunglasses;unfair and unprofessional and dangerous".
The Cypriot finance minister Michael Sarris is scheduled to hold the meeting in Moscow on Wednesday,replica oakley sunglasses.
Cyprus popular weekend have empty cash cash, Banks will remain closed on Tuesday and Wednesday in order to avoid a run. Hundreds of protesters gathered outside the parliament building on Monday, horns and a banner saying "we are not your Dutch pig!"
"If they vote to tax, they will face the anger of people," Markos Economou said that "Banks and politicians should pay for the mess, not the people." Economou is a physics teacher, 47, has two children.
Wednesday, March 20, 2013
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