Cyprus Parliament again postpones vote on bank deposit tax
The Cyprus Parliament has again, for the second day in a row, postponed the vote on the adoption of a one-time tax on deposits. This time it has been postponed to Wednesday, The Telegraph reports, citing Greek and Cypriot media. On March 16, the Cyprus government announced the introduction of a tax on all bank deposits. It was initially assumed that 6.75% would be written off for deposits under €100,000, and 9.9% for all others.