{"id":30782,"date":"2013-03-22T16:47:21","date_gmt":"2013-03-22T15:47:21","guid":{"rendered":"http:\/\/www.presstv.ir\/detail\/2013\/03\/22\/294799\/cypriots-protest-against-eu-bailout-deal\/"},"modified":"2013-03-22T16:47:21","modified_gmt":"2013-03-22T15:47:21","slug":"cypriots-protest-against-eu-bailout-deal","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/breaking-news\/cypriots-protest-against-eu-bailout-deal\/","title":{"rendered":"Cypriots protest against EU bailout deal"},"content":{"rendered":"<p><span id=\"ctl00_body_spnDetail\">Cypriots gathered outside the parliament in Nicosia during a protest on March 22, 2013.<\/span><\/p>\n<div id=\"divDetailBody\">\n<p>Protesters have taken to the streets in the Cypriot capital, Nicosia, as MPs are set to debate an emergency government legislation to avoid a financial collapse.<\/p>\n<p>On Friday, protesters including bank employees and depositors gathered outside the parliament building to oppose the new plan or the so-called Plan B.<\/p>\n<p>Restructuring Cyprus Laiki (Popular) Bank is part of an alternative plan aimed at raising up to 5.8 billion euros to secure a larger EU rescue package. Protesters fear the new plan could hit the country\u2019s second largest lender hard if it includes a levy on some deposits.<\/p>\n<p>The Mediterranean nation must raise 5.8 billion euros (USD 7.5 billion) in funds by Monday in order to secure a 10-billion-euro (USD 12.9-billion) bailout loan from the European Central Bank (ECB) and the International Monetary Fund (IMF).<\/p>\n<p>The country\u2019s lawmakers will meet on Friday afternoon to vote on a new draft legislation made up of nine bills to raise the funds, after they rejected a proposed plan to tax bank deposits by almost ten percent earlier this week.<\/p>\n<p>The country\u2019s banks are shut nationwide until March 26 to prevent cash withdrawals, prompting people to form long lines at cash machines, which only dispense a lowered daily amount of 260 euros for each individual account.<\/p>\n<p>The long-drawn-out eurozone debt crisis is viewed as a threat not only to Europe, but also many other developed economies in the world.<\/p>\n<p>MAM\/JR\/SS<\/p>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/pixel.quantserve.com\/pixel\/p-89EKCgBk8MZdE.gif\" border=\"0\" height=\"1\" width=\"1\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p><span>Cypriots gathered outside the parliament in Nicosia during a protest on March 22, 2013.<\/span><\/p>\n<div>\n<p>Protesters have taken to the streets in the Cypriot capital, Nicosia, as MPs are set to debate an emergency government legislation to avoid a financial collapse.<\/p>\n<p>On Friday, protesters including bank employees and depositors gathered outside the parliament building to oppose the new plan or the so-called Plan B.<\/p>\n<p>Restructuring Cyprus Laiki (Popular) Bank is part of an alternative plan aimed at raising up to 5.8 billion euros to secure a larger EU rescue package. Protesters fear the new plan could hit the country&rsquo;s second largest lender hard if it includes a levy on some deposits.<\/p>\n<p>The Mediterranean nation must raise 5.8 billion euros (USD 7.5 billion) in funds by Monday in order to secure a 10-billion-euro (USD 12.9-billion) bailout loan from the European Central Bank (ECB) and the International Monetary Fund (IMF).<\/p>\n<p>The country&rsquo;s lawmakers will meet on Friday afternoon to vote on a new draft legislation made up of nine bills to raise the funds, after they rejected a proposed plan to tax bank deposits by almost ten percent earlier this week.<\/p>\n<p>The country&rsquo;s banks are shut nationwide until March 26 to prevent cash withdrawals, prompting people to form long lines at cash machines, which only dispense a lowered daily amount of 260 euros for each individual account.<\/p>\n<p>The long-drawn-out eurozone debt crisis is viewed as a threat not only to Europe, but also many other developed economies in the world.<\/p>\n<p>MAM\/JR\/SS<\/p>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/pixel.quantserve.com\/pixel\/p-89EKCgBk8MZdE.gif\" border=\"0\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"author":1213,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[487],"tags":[],"class_list":{"0":"post-30782","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-breaking-news"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/30782","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1213"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=30782"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/30782\/revisions"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=30782"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=30782"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=30782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}