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Keep Talking Greece (@keeptalkingGR) #Cyprus state RIK TV reported Laiki (Popular Bank CPB) employees informed bank will close down.
Late Wednesday, a police spokesman told the Cyprus state news agency that the suspect, Christopher Metsos, 54, had failed to report as required to a precinct in the island's southwest, where he had been apprehended.
March 21 , 20136.21pm GMT Cyprus state TV are reporting that the legislation to create the solidarity fund has been placed at parliament (as president Nicos Anastasiades pledged this afternoon).
The hijacker has asked for the release of female prisoners in Egypt, the Cyprus state broadcaster reported.
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Cyprus's state television station, CYBC, says that Laiki will be split into a good bank and a bad bank.
The International Monetary Fund has demanded that Cyprus cut state pension costs and reform its welfare system as the price of a €1bn (£854m) loan to help bail out the stricken island.
Turkey, which keeps about 30,000 troops in the north, is the only country that recognizes Northern Cyprus as a state.
Famagusta is now in Turkish-controlled northern Cyprus, a breakaway state that is recognized only by Ankara.
This would include making domestic reforms and changing its policy on Cyprus, an E.U. state that it refuses to recognize.
Debt experts say that as painful as such a trimming may be, it still may not be enough to guarantee the viability of the Bank of Cyprus, given the state of the economy.
Lex van Dam (@lexvandam) GREECE: Troika said to have rejected Greece's 2014 rev targets as optimistic-MNI November 19, 2013 Greek prime minister Antonis Samaras, meanwhile, is in Cyprus attending the state funeral of the island's former president, Glafcos Clerides.
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