Cyprus troops 'will be compensated'

Press Association

Politicians in Cyprus are to vote on a bank account levy which could affect the savings of thousands of British expats.

As part of a £9 billion bailout, European officials said people with less than 100,000 euro (£87,000) in Cyprus-based accounts would have to pay a one-off tax of 6.75% and those with more will lose 9.9%.%VIRTUAL-SkimlinksPromo%