Whatever the Cyprus thread is bumped or newly created (sorry for suggesting to keep talking in one only, feel free to open hundred more), what really will happen should be known in 24-48 hours, and probably again different from the dozen proposals told until now.
The most interesting piece I've read until now: Cyprus agreed to break up Laiki (2nd largest bank) into good bank/bad bank structure, imposing "40% or more" losses on the uninsured depositors (those over 100,000 euros). In other words Laiki will close, fire all employees (they're striking due to that), and eat 90% of money over 100,000th euro in each account, I woudl bet (if announce 40%+...). Remaining 10% is not available... will be frozen for years, they've set already 100 eur a day maximum, this mean $10,000 every 100 days.
http://www.telegraph.co.uk/finance/9...-on-banks.html
Savers at the Laiki bank and Bank of Cyprus will be hit by new cash limits of €100 and €120 a day respectively on Monday, at midday GMT, in a measure aimed at stopping a run on the country's banks.