UK customers escape bank levy
Around 15,000 savers in the UK arm of stricken Cypriot bank Laiki will see their deposits protected under British rules and will escape the Cyprus banking levy.
German finance minister 'regrets' Cyprus' decision
German Finance Minister Wolfgang Schaeuble said he regrets the decision Cyprus' parliament made to reject a proposed levy on savings in banks as a condition for a European bailout.
"We regret the decision," Mr Schaeuble told Germany's ZDF television. "Cyprus requested an aid programme. For an aid programme we need a calculable way for Cyprus to be able to return to the financial markets. For that, Cyprus' debts are too high".
He said Cyprus is now in a "serious situation" and it has no one to blame other than itself.
"In a situation like this, when an insolvency looms, then the creditors have to participate if they want to avoid an insolvency", Mr Schaeuble said.
"If you want to avoid that, then the investors in the bank have to make a corresponding contribution. Whether that's a 'bail in' or a levy, that's for Cyprus to decide itself", he added.
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Cyprus rescue deal spreads fear beyond its shores
Cyprus' rescue deal has sent shivers through southern Europe after a key eurozone figure said it would be a model for future bailouts.
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Unclear future for Cypriots after 'painful' bailout deal
The future is uncertain for the people who must live with the consequences of Cyprus' "painful" bailout deal.
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Cyprus 'bail-in' not a special case after all
The Dutch Finance Minister has said the bank levy 'bail-in' on large depositors "pushes back the risks" from the rest of the eurozone.