Ordinary Cypriots and Russian oligarchs hardest hit by bailout plan

The Globe and Mail
Tuesday 19th March, 2013

A no entry sign is seen outside a branch of Bank of Cyprus UK, in central London March 18, 2013. European bank shares fell more than 2 percent on Monday as a plan by Cyprus to seize money from bank deposits raised fears that savers elsewhere may not be safe and the euro zone may be plunged back into crisis. Customers with deposits at branches of the bank in the UK are not affected by the levy. (ANDREW WINNING/REUTERS)

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