Citizens of Cyprus did not react well to the news that their government wants to allow the E.U. to take nearly 10 percent of their savings deposits in exchange for a $13 billion bailout. Banks are closed through Tuesday after worries over bank runs. Depositors stood in long lines to withdraw money over the weekend.
Source: http://www.npr.org/2013/03/18/174598781/e-u-bailout-tax-causes-bank-run-in-cyprus?ft=1&f=1006
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