WATCH: Cyprus President Predicts Bailout Defeat
Mar 20, 2013 at 4:16 PM
DailyBail in Euro Crisis, Europe, banks, cyprus, cyprus bailout, euro, euro crisis, euro currency, europe, president, video

Nicos plays oddsmaker before last night's vote.

"We have our own plans for what happens next."  Cue Russia.

Nicos Anastasiades, president of Cyprus, says he expects his country's parliament will reject legislation to tax bank deposits when it votes on an EU bailout package.  Speaking in Nicosia he says the government is working on an alternative plan.

Latest on Cyprus from Guardian Live Blog...

• Cyprus meetings end without result
• Church offers assets to help ease crisis
• German Greens warn on Russian aid
• ECB aid not available unless Cyprus banks become solvent
• Troika reportedly set to reject Cyprus plan B

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Earlier:

WATCH: Cyprus Man Threatens Bank With Bulldozer

 

WATCH: Cyprus President Explains Why It's OK To Steal

 

 

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