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    Work continues to shield Cypriot small savers

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    par No Comment TV

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    Popular protests are now a regular occurrence on the streets of Greece and Spain.

    But there are now demonstrations outside the parliament buidling in Cyprus: a small mediterranean island with big problems.

    Plans for a one-off tax of almost seven percent on savings of up to 100 000 euros have enraged locals and sparked big cash withdrawals from banks.