Another Europe News
Cyprus postpones bailout debate until Monday
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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Another Europe News
Latest news bulletin | April 24th, 2026 – Midday
Latest news bulletin | April 24th, 2026 – Midday Catch up with the most important stories from around Europe and beyond this …
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Another Europe News
Italy’s Meloni says relations with US remain ‘solid’, welcomes Israel-Lebanon talks
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Euronews Investigates: Cyprus
Amid conflicts in the Middle East, Cyprus is Europe’s frontline.
But what does this mean for the Island country caught in the middle of a global geopolitical battle?
Tune into #EuronewsInvestigates tonight at 20.30 CET on Euronews.
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On 40th Chernobyl disaster anniversary, Zelenskyy accuses Russia of committing ‘nuclear terrorism’
On 40th Chernobyl disaster anniversary, Zelenskyy accuses Russia of committing ‘nuclear terrorism’
Ukrainians gathered to honour those who died from the accident, as well as the hundreds of thousands who cleaned up after the disaster, exposing themselves to high levels of radiation.
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Rare Pablo Neruda book on Spanish Civil War to go on display in Chile for first time
Rare Pablo Neruda book on Spanish Civil War to go on display in Chile for first time
A rare copy of Pablo Neruda’s “Spain in the Heart”, written during the Spanish Civil War and possibly printed on cotton made from military uniforms, is set to go on public display in Chile for the first time.
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