Wait wait read better, 40% lost if you got money in Popular Bank of Cyprus, also known as Laiki:
http://online.wsj.com/article/SB1000...392753862.html
Two bills would allow it to close down its second largest bank, Popular Bank of Cyprus, also known as Laiki, and aggressively curtail the free flow of money on the island.
The bank restructuring law would see depositors in Popular Bank to lose as much as 40% of their savings above €100,000, Cypriot and European officials said.
“I’ve been working for 20 years and I’ve paid all the taxes of all my pension contributions and every Euro. Now I run the risk of losing my job and my pension, and I will have no money to support my children,” Cyprus Popular Bank employee Angela Panayotou said, as quoted by Ria Novosti.