Cyprus President Delays Parliament Vote on Plan for Deposit Tax

Cyprus President Delays Parliament Vote on Plan for Deposit Tax

Yiannis Kourtoglou/AFP via Getty Images

Supporters of newly elected Cyprus President Nicos Anastasiades wave the Greek and the Disy party flags during celebrations in Nicosia. Anastasiades was elected Cyprus’s leader on Feb. 24 on a promise to revive bailout talks, while refusing to accept losses for depositors.