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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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Discover the new Euronews!

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⬇️ Always stay informed ⬇️
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Six killed and more than a dozen injured after gunman opens fire in historic centre of Kraków

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Six killed and more than a dozen injured after gunman opens fire in historic centre of Kraków

The suspect, a 25-year-old Polish citizen, was fascinated with far-right ideologies and held “very radical” and “ultra-nationalistic” views, Polish Interior Minister Marcin Kierwiński said.

READ MORE : http://www.euronews.com/2026/11/07/at-least-five-killed-in-shooting-in-krakow-polish-police-say

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NATO says Russian hybrid campaign not stopping Ukraine support after Estonia accuses Moscow of arson

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NATO says Russian hybrid campaign not stopping Ukraine support after Estonia accuses Moscow of arson

European countries have already faced multiple incursions by Russian drones as well as a campaign of covert Russian disruption which began after Putin’s invasion of Ukraine.

READ MORE : http://www.euronews.com/2026/09/29/estonia-slams-russian-sabotage-after-arson-attack-on-defence-company-milrem-robotics

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Europe’s three biggest stories of the day, in just one minute

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Europe’s three biggest stories of the day, in just one minute.

To find out more about all three, watch #EuropeToday’s full episode on Euronews’ website or our YouTube channel.

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What’s actually going on with Spain’s housing protests?

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Spanish protests over the eviction of 87-year-old Maricarmen have sparked a wave of misleading claims about housing activists and the rental crisis.

Fact check: What’s actually going on with Spain’s housing protests? 👇

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