3,000 military personnel and 250 civil servants protected from tax imposed as part of island's bailout by EU and IMF The savings of British military personnel and civil servants in Cyprus are to be protected against a bank levy being imposed as part of the island's €10bn (£8.7bn) bailout, the government has revealed. An estimated €2bn of British deposits are held in Cyprus, including accounts for 3,000 military personnel and 250 civil servants. The chancellor, George Osborne, told...
Cyprus savings levy prompts Osborne to guarantee British workers' deposits
The Guardian - 17 Mar 2013 22:31
3,000 military personnel and 250 civil servants protected from tax imposed as part of island's bailout by EU and IMF The savings of British military personnel and civil servants in Cyprus are to be protected against a bank levy being imposed as part of the island's €10bn (£8.7bn) bailout, the government has revealed. An estimated €2bn of British deposits are held in Cyprus, including accounts for 3,000 military personnel and 250 civil servants. The chancellor, George Osborne, told...
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