The Cypriot parliament is now scheduled to meet Tuesday at 1600 GMT … The government is also in discussion with its creditors to ease the burden on small depositors. … The new proposal will see smaller depositors, those with up to €100,000, taxed at 3%; savers with €100,000 to €500,000 taxed at 10%; and those with over €500,000 taxed at 15%, one official said.
That would be about 2 1/2 hours from the time I’m posting. Russia is not happy with the proposed tax and are threatening to withdraw their previous commitment for aid.
