- 10 billion-euro rescue plan for Cyprus
- Levy on bank deposits to raise almost 6 bln euros
- The deposit levy is set at 9.9 percent on bank deposits greater than 100,000 euros
- Set at 6.7 percent on anything below that
- Takes effect on Tuesday after a bank holiday on Monday
More:
Cyprus Bank Deposits to Be Taxed in $13 Billion Bailout