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Cyprus postpones bailout debate until Monday

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http://www.euronews.com/ The Cypriot parliament’s debate on the savings tax that shocked the entire nation will now take place on Monday.

The president postponed the debate to gain time and try and ensure a majority, as for the moment the EU-IMF imposed levy on savings has raised hackles on all sides.

He is due to speak to the nation and explain why for the first time international creditors have chosen to tax personal savings to help pay for a 10 billion euro bailout.

Rates will start at 6.75 percent and go to 9.9 percent on deposit accounts. The Eurogroup expects this will raise 5.9 billion euros.

Banks may stay closed until Wednesday morning to prevent savers making massive withdrawals, which may prove more of a problem for foreign depositors, who hold 37 percent of Cypriot savings.

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Somali World Cup referee Omar Artan receives warm welcome home after being denied entry to US

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Somali World Cup referee Omar Artan receives warm welcome home after being denied entry to US

Andrew Giuliani, who is leading the White House task force for the FIFA World Cup, has said Artan was denied entry to the US for a “very good reason,” without offering further details.

READ MORE : http://www.euronews.com/2026/06/10/somali-world-cup-referee-omar-artan-receives-warm-welcome-home-after-being-denied-entry-to

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Neighbourhood Social Workers offer a ‘ray of light’ to poor and vulnerable in Cyprus

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Neighbourhood Social Workers offer a ‘ray of light’ to poor and vulnerable in Cyprus

As the EU launches its Anti-Poverty Strategy, a programme in Cyprus is offering a ‘ray of light’ to people facing poverty and social exclusion.

In partnership with the European Commission

READ MORE : http://www.euronews.com/2026/05/27/neighbourhood-social-workers-offer-a-ray-of-light-to-poor-and-vulnerable-in-cyprus

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Why This German Village Ditched Global Energy

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A small village in eastern Germany decided to walk away from the global energy markets. The residents of Feldheim only have to pay 12 cents per kilowatt-hour for electricity.

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Latest news bulletin | June 10th, 2026 – Evening

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Latest news bulletin | June 10th, 2026 – Evening

Catch up with the most important stories from around Europe and beyond this June 10th, 2026 – latest news, breaking news, World, Business, Entertainment, Politics, Culture, Travel.

READ MORE : http://www.euronews.com/2026/06/10/latest-news-bulletin-june-10th-2026-evening

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How Should EU Respond To Russian Drone Crash

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What conclusions should the EU draw after a Russian drone crashed within its borders?

In our latest episode of #TheRing, MEPs Rasa Juknevičienė and Merja Kyllönen share their views as to why it’s time to stand up to Russia.

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