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Cyprus in limbo after rejecting bank seizures plan

Associated Press
Cyprus in limbo after rejecting bank seizures plan

Protesters chant slogans outside the Cypriot parliament against a crucial parliamentary vote on a plan to seize a part of depositors' bank savings, in central Nicosia, Tuesday, March 19, 2013. The Cypriot government sought Tuesday to shield small savers from a plan that is intended to raise 5.8 billion euro ($7.5 billion) toward a financial bailout by seizing money from bank accounts. The plan, which is part of a larger bailout package being negotiated with other European countries, has been met with fury in Cyprus and has sent jitters across financial markets. (AP Photo/Petros Giannakouris)

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