Since the European debt crisis began in late 2009, savers have been spared. The bailout of Cyprus, agreed to early Saturday, foresees a 6.75% levy on deposits below €100,000 rising to 9.9% on those above.
Cyprus postpones crucial vote on bank deposit levy, as stocks plummet around the world amid fears the bailout plan will plunge Europe back into crisis - Europe - World - The Independent
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