Work continues to shield Cypriot small savers

NoComment 2013-03-19

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Popular protests are now a regular occurrence on the streets of Greece and Spain.

But there are now demonstrations outside the parliament buidling in Cyprus: a small mediterranean island with big problems.

Plans for a one-off tax of almost seven percent on savings of up to 100 000 euros have enraged locals and sparked big cash withdrawals from banks.

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http://www.euronews.net/

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