People waiting to use ATMs in Nicosia
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Cyprus bailout: An expat's view

Cyprus' parliament is due to hold an emergency session to discuss a big bailout, which has angered the public.

It is by no means certain that the deal, reluctantly endorsed by the president, will get enough support to pass in parliament.

Under the bailout's terms, people in Cyprus with less than 100,000 euros in their accounts would have to pay a one-time tax of 6.75%.

Those with sums over that threshold would pay 9.9% in tax.

It could affect more than 25,000 British expats living on the island.

Sue Hall runs a wedding business in Cyprus. She spoke to BBC Breakfast from Paphos about how the situation was affecting her.

  • 18 Mar 2013
  • From the section Europe
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