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Cyprus closes in on EU bailout, U-turn on levy

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ANDREAS MANOLIS

Protesters shout slogans during an anti-bailout rally by employees of Cyprus Popular Bank outside the parliament in Nicosia March 22, 2013. REUTERS/Andreas Manolis

Protesters shout slogans during an anti-bailout rally by employees of Cyprus Popular Bank outside the parliament in Nicosia March 22, 2013. REUTERS/Andreas Manolis
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YANNIS BEHRAKIS

Cypriot shop owners chat about the dire financial situation of their country in Nicosia's shopping district March 22, 2013. REUTERS/Yannis Behrakis

Cypriot shop owners chat about the dire financial situation of their country in Nicosia's shopping district March 22, 2013. REUTERS/Yannis Behrakis
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ANDREAS MANOLIS

Protesters shout slogans during an anti-bailout rally by employees of Cyprus Popular Bank outside the parliament in Nicosia March 22, 2013. REUTERS/Andreas Manolis

Protesters shout slogans during an anti-bailout rally by employees of Cyprus Popular Bank outside the parliament in Nicosia March 22, 2013. REUTERS/Andreas Manolis
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YANNIS BEHRAKIS

A sign (L) informs depositors that they can withdraw a maximum of 260 Euros, as people queue up to make transactions at an ATM of Laiki Bank in Nicosia March 22, 2013. REUTERS/Yannis Behrakis

A sign (L) informs depositors that they can withdraw a maximum of 260 Euros, as people queue up to make transactions at an ATM of Laiki Bank in Nicosia March 22, 2013. REUTERS/Yannis Behrakis
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Photographer
ANDREAS MANOLIS

Protesters shout slogans during an anti-bailout rally by employees of Cyprus Popular Bank outside the parliament in Nicosia March 22, 2013. REUTERS/Andreas Manolis

Protesters shout slogans during an anti-bailout rally by employees of Cyprus Popular Bank outside the parliament in Nicosia March 22, 2013. REUTERS/Andreas Manolis
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Photographer
ANDREAS MANOLIS

Protesters take part in an anti-bailout rally by employees of Cyprus Popular Bank outside the parliament in Nicosia March 22, 2013. REUTERS/Andreas Manolis

Protesters take part in an anti-bailout rally by employees of Cyprus Popular Bank outside the parliament in Nicosia March 22, 2013. REUTERS/Andreas Manolis
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JOHN KOLESIDIS

People queue up to make a transaction at an ATM machine outside a closed Cyprus Popular Bank (CPB) branch in Athens March 22, 2013. REUTERS/John Kolesidis

People queue up to make a transaction at an ATM machine outside a closed Cyprus Popular Bank (CPB) branch in Athens March 22, 2013. REUTERS/John Kolesidis
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YORGOS KARAHALIS

Protesters shout slogans during an anti-bailout rally by employees of Cyprus Popular Bank outside the parliament in Nicosia March 22, 2013. REUTERS/Yorgos Karahalis

Protesters shout slogans during an anti-bailout rally by employees of Cyprus Popular Bank outside the parliament in Nicosia March 22, 2013. REUTERS/Yorgos Karahalis
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THOMAS PETER

German Chancellor and head of the Christian Democratic Union (CDU) Angela Merkel (L) talks with Finance Minister Wolfgang Schaeuble before a joint parliamentary faction meeting of the CDU and its sister party, Christian Social Union (CSU) to discuss a Cyprus bailout plan in Berlin, March 22, 2013. REUTERS/Thomas Peter

German Chancellor and head of the Christian Democratic Union (CDU) Angela Merkel (L) talks with Finance Minister Wolfgang Schaeuble before a joint parliamentary faction meeting of the CDU and its sister party, Christian Social Union (CSU) to discuss a Cyprus bailout plan in Berlin, March 22, 2013. REUTERS/Thomas Peter
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THOMAS PETER

German Finance Minister Wolfgang Schaeuble talks with a member of parliament before a joint faction meeting of the Christian Democratic Union (CDU) and its sister party, Christian Social Union (CSU), to discuss a Cyprus bailout plan in Berlin, March 22, 2013. REUTERS/Thomas Peter

German Finance Minister Wolfgang Schaeuble talks with a member of parliament before a joint faction meeting of the Christian Democratic Union (CDU) and its sister party, Christian Social Union (CSU), to discuss a Cyprus bailout plan in Berlin, March 22, 2013. REUTERS/Thomas Peter
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