Cyprus parliament rejects haircut bill
Kathimerini English Edition & AFP
Tuesday March 19, 2013

http://www.ekathimerini.com/4dcgi/_w_articles_wsite1_1_19/03/2013_488664

The Cypriot House of Representatives rejected overwhelmingly on Tuesday the bill
that would have inflicted a haircut on bank accounts.

There were 36 No votes and not a single Yes vote, as the 19 deputies of ruling
Democratic Rally (DISY) who were present abstained, while another one of them
was absent.

Cyprus speaker Yiannakis Omirou urged MPs to say «no to blackmail» as angry
crowds also called for a «No» vote outside Parliament and held up signs warning
that other financially crippled European nations like Italy and Spain could be
next in line.

"There can only be one answer: no to blackmail,» Omirou, of the socialist EDEK
party told deputies who met in emergency session.

[...]
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