Hi there,

It is the job of the press to cover power, not cover for power—to hold those in power accountable by documenting what's happening on the ground and amplifying voices at the grassroots. In this critical moment, as attacks on the media escalate, we must continue to cover crackdowns on dissent, immigrants, the LGBTQ+ community, public health and academic freedom. Thanks to a group of generous donors, all donations made today will be DOUBLED, which means your $15 gift is worth $30. If our journalism is important to you, please donate today. Every dollar makes a difference. Thank you so much.

Democracy Now!
Amy Goodman

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Donate

Cyprus Parliament Rejects EU Bailout Demands

HeadlineMar 20, 2013

The Cyprus government is holding crisis talks today after lawmakers voted to reject a controversial bailout deal with the European Union. The package called on Cyprus to impose a one-time tax on bank deposits as a condition for $13 billion in rescue money. The plan led to protests and massive bank withdrawals over the weekend as Cypriots rushed to protect their savings. Cyprus says it is seeking an alternative to the plan, but few details have emerged. The government has warned of “indescribable misery” if a deal cannot be reached, including the collapse of the country’s biggest banks.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top