- Cyprus move may hurt bank ratings across Europe.
- Euro zone leaders and Cyprus agreed on Saturday that depositors should be taxed up to 10% - 6.7% on amounts below EUR 100,000 and 9.9% on figures above that - to raise EUR 5.8bln and be eligible for an international bailout.
- No reaction seen across the board.
Print 00:58, 18 Mar 2013 - Asian News - Source: Newswires
RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: