Cyprus banks to stay closed to Tuesday, Irish Govt 'clear as crystal' no levy will happen here

Banks in Cyprus will stay closed until at least Tuesday as the Cypriot government holds emergency talks on the crisis.

Cyprus banks to stay closed to Tuesday, Irish Govt 'clear as crystal' no levy will happen here

Banks in Cyprus will stay closed until at least Tuesday as the Cypriot government holds emergency talks on the crisis.

Banks on the island have now been closed since Saturday to prevent a run on accounts after the government secured a deal for a bailout that slapped a one-time levy of up to 10% on savers' bank deposits.

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