Cyprus parliament postpones session to discuss bank levy

March 17, 2013 8:49 AM GMT

Cyprus's parliament on Sunday postponed an emergency session to discuss a levy on bank savings imposed to partially fund an international bailout needed to stave off bankruptcy.

All meetings were postponed until Monday, the Cyprus News Agency reported. Earlier, Cypriot President Nicos Anastasiades postponed an informal meeting of lawmakers called for Sunday morning.

Several parties in the 56-member chamber, where no party has an absolute majority, were meeting on Sunday morning to formulate positions over the bank levy. Three parties have already said they will not back the plan.

Follow us  
Google Plus

(Reporting By Michele Kambas; Editing by Sonya Hepinstall)

Copyright 2012 Thomson Reuters. All rights reserved.

We recommend

  1. Somali Islamists threaten more carnage after attack on U.N. base
  2. Dixons sees no let up in UK tablets boom
  3. Ex-UBS trader Hayes appears in court on Libor fraud charges
Must Read
  1. Four foreign security staff among 15 dead in Somalia U.N. attack
  2. Hong Kong investigates HSBC, other banks for inappropriate market conduct
  3. Deloitte, NY settle over review of Standard Chartered money laundering
Join the Conversation
mute

Featured Videos

top 10 Articles
  1. Deloitte settles with New York over Standard Chartered money laundering
  2. Four foreign security staff among 15 dead in Somalia U.N. attack
  3. Hong Kong investigates HSBC, other banks for inappropriate market conduct
  4. Deloitte, NY settle over review of Standard Chartered money laundering
  5. EU trade chief to discuss solar dispute in Beijing
  6. RBS, Lloyds, Barclays account for most of UK capital gap - FT
  7. 'No, we can't' - Japan's conservative values collide with plan to mobilise women for economy
  8. German PMI surveys point to stagnation in second quarter
  9. Japan economic growth upgraded, will likely outperform other advanced nations
  10. Royal Mail workers vote against sell-off

latest Articles
  1. Xbox One: Congressmen Introduce 'We Are Watching You Act' Bill, Targets Kinect Snooping
  2. Michael Hastings Conspiracy Theories: Car Accident And Dead Body Fuel Speculation On Reddit, Twitter
  3. The Four Times NSA Surveillance Programs Stopped An Attack
  4. Sony Xperia S LT26i Official Android 4.1.2 Jelly Bean Update Finally Released with Bug Fixes for Wi-Fi & GPS Problems
  5. Pakistan’s Poverty And The Multi-Million-Dollar Watch
IBTimes TV
More

Silicon Valley Veteran Philip Letts: World Hasn't Figured If It Needs Bitcoin and UK Behind in Tech