The details of the bailout are as follows. Cyprus will need €23bn to see it through its debt crisis, up from an original €17bn. The troika’s share of the rescue remains unchanged at €10bn – Cyprus will now have stump up €13bn rather than €7bn. It would appear that most of that will come from uninsured bank deposits of more than €100,000. Those savers will now face losses well in excess of the 10% envisaged under the original plan.  Article