Moscow hopes Kiev not to use protests at parliament for escalation in DonbassRussian Politics & Diplomacy October 18, 19:52
Russian journalist and TV host Ksenia Sobchak says she plans to run for presidentRussian Politics & Diplomacy October 18, 19:08
Mariinsky ballet troupe waltzes across America captivating US audiencesSociety & Culture October 18, 18:51
Gazprom says more than half of Power of Siberia pipeline readyBusiness & Economy October 18, 18:23
Ukraine's special forces storming tent camp outside parliamentWorld October 18, 18:18
Vibrant colors of Moscow's autumnSociety & Culture October 18, 18:16
Baltic Fleet ships enter North SeaMilitary & Defense October 18, 18:05
Russia not eyeing branding US media outlets undesirable organizations — prosecutorRussian Politics & Diplomacy October 18, 17:39
Russian and Swiss researchers to explore burial mound in SiberiaSociety & Culture October 18, 17:08
BRUSSELS, March 18 (Itar-Tass) – A levy on the bank deposits of over 100,000 euros in Cyprus may grow from 9.9% to 13%, an informed European source in Brussels told Itar-Tass on Monday. The talks over the budget salvation of Cyprus continue, and the final figures are not determined yet, he acknowledged.
He noted that Nicosia proposes to international creditors to modify the program, cutting the anti-crisis levy from the bank accounts of less than 100,000 euros from 6.75% to three percent and increase the levy from the bank accounts of over 100,000 euros from 9.9% to 12.5–13%.
Thus, the major burden of financial levies will be redistributed between the physical persons, primarily Cypriot citizens, to the accounts of the companies, first of all foreign companies and mainly Russian companies, as well as major foreign investors, who are keeping the money at the Cypriot banks.
For the Cypriot government this step is more profitable, because it permits to avoid a social outburst and a political crisis, meanwhile, this will not result in further serious deterioration of the Cypriot reputation in the business community.