Members of protesting against austerity measures outside the in ,  in November 2012. Sarris's resignation came shortly after he signed a 10 billion (13 billion) rescue deal with the and the that could see depositors with €100,000 lose up to 60\% of their savings. An earlier version of the deal, which called for all Cypriot bank depositors to sacrifice part of their savings, was later scrapped following a wave of popular outrage.
Members of protesting against austerity measures outside the in , Cyprus in November 2012. Sarris's resignation came shortly after he signed a 10 billion (13 billion) rescue deal with the European Union and the International Monetary Fund that could see depositors with €100,000 lose up to 60\% of their savings. An earlier version of the deal, which called for all Cypriot bank depositors to sacrifice part of their savings, was later scrapped following a wave of popular outrage.
A
Cyprus
R
and the
European Union and the International Monetary Fund