Cypriots hold their breath

Under a deal struck with international lenders, a levy is set to be imposed on all bank accounts in Cyprus. Although this has provoked anger, Cypriots are waiting to see whether the terms of the deal will be modified by President Nicos Anastasiades. The FT’s Kerin Hope says that despite blame being foisted on German leaders for the deal, Cyprus is keen not to sour relations with the country.