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Europe Daily Bulletin No. 10810

20 March 2013
ECONOMY - FINANCE - BUSINESS / (ae) cyprus
Eurozone displays flexibility on savings tax but Cyprus is undecided

Brussels, 19/03/2013 (Agence Europe) - On Tuesday 19 March 2013, the Cypriot government unveiled new legislation to ease the pain of the new tax on savings that will be taken out of people's bank accounts to reduce the amount of cash the island needs to borrow to bail out its banks - aid requested in June 2012. Eurozone finance ministers spoke on Monday evening by video conference and displayed flexibility about how the tax was to be levied (how much from different amounts of savings) as...

Contents

A LOOK BEHIND THE NEWS
ECONOMY - FINANCE - BUSINESS
SECTORAL POLICIES
EXTERNAL ACTION
INSTITUTIONAL
COURT OF JUSTICE OF THE EU