Peoria Public Radio Staff
Mon March 18, 2013
Confidence In Cyprus Banks Falters As Government Proposes Deposit Tax
Originally published on Mon March 18, 2013 4:54 pm
Cyprus is facing a run on its banks after the government proposed taxing bank deposits. The government has put off a vote on the plan in a bid to calm things down. Banks are set to re-open on Thursday after a bank holiday was declared on Monday.