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The move to take a percentage of deposits, which could raise almost 6 billion euros, must be ratified by parliament, where no party has a majority. President Nicos Anastasiades has warned that Cyprus's two largest banks will collapse otherwise.
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Daily Readings

Reading 1, Jeremiah 1:1, 4-10
The words of Jeremiah son of Hilkiah, one of the priests living ... Read More

Psalm, Psalms 71:1-2, 3-4, 5-6, 15, 17
In you, Yahweh, I take refuge, I shall never be put to shame. ... Read More

Gospel, Matthew 13:1-9
That same day, Jesus left the house and sat by the lakeside, ... Read More

Saint of the Day

July 23 Saint of the Day

St. Bridget of Sweden
July 23: Saint Birgitta was the daughter of Uppland’s Lagman, Birger ... Read More