Negotiators have struck an 11th hour deal to bail out Cyprus's faltering economy.
The unpopular levy on bank savings - which brought protestors onto the streets - has been reformed.
But although poorer savers will now be protected, major investors face a big bill with at least one bank being closed down. Thousands of people will lose their jobs.
Al Jazeera's Mereana Hond reports.
The unpopular levy on bank savings - which brought protestors onto the streets - has been reformed.
But although poorer savers will now be protected, major investors face a big bill with at least one bank being closed down. Thousands of people will lose their jobs.
Al Jazeera's Mereana Hond reports.
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