Cypriot lawmakers may shoot down an unprecedented levy on bankdeposits, risking the island's membership in the euro.
The “feeling I'm having is that the house is going to reject itbecause they feel and think it isn't just and that it's against theinterest of Cyprus,” Cypriot President Nicos Anastasiades toldSweden's TV4 channel in an interview today.
The Mediterranean island nation's banks and stock exchange willremain closed at least until March 21 amid speculation lawmakersmay postpone the vote that's planned for later today. The 5.8billion-euro ($7.5 billion) raid on bank accounts, intended to cutthe cost of a rescue package to 10 billion euros, sparked outragewhen Cypriots woke March 16 after marathon talks in Brussels tofind bank transfers blocked.
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