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Central bank announces 37.5 percent of savings over 100,000 euros will become bank shares and 22.5 percent will be held.
Banks have been closed since March 16 to avert run on deposits as country's politicians struggled to reach bailout deal.
EU finance ministers approve $13bn rescue deal to save the Mediterranean island's banking system from collapse.
President in Brussels for bailout talks as government spokesman warns he faces "difficult task" to save economy.
Cypriot government says negotiations with EU and IMF set to continue in Brussels, describing situation as "difficult".
Finance minister says several unresolved issues remain that 'need further working on' in talks aimed at clinching deal.
Parliament overwhelmingly rejects international lenders' terms with zero votes in favour, 36 against and 19 abstentions.
Nicos Anastasiades says levy on bank deposits to save country’s economy is "less painful than the alternative".
Cypriot officials describe APOEL Nicosia's victory over Lyon as a 'magical journey' and 'historic achievement'.
Featured on Al Jazeera
Al Jazeera's exclusive publishing of a key Guantanamo prison military document lays bare the brutality of force-feeding.
Former military official says poverty and anger in indigenous communities mean conditions for an "insurgency" are ripe.
A four-part series that gives a rare insight into the country on the move, with history in tow.
Series on the Palestinian 'catastrophe' of 1948 that led to dispossession and conflict that still endures.
Featured
Once a bustling haven, Elasha Biyaha has almost become a ghost town as residents flee.
Two years since the start of the uprising, rebels and Assad's forces remain locked in conflict.
Lebanon-based militia is assisting villagers caught up in the conflict.
A four-part series that gives a rare insight into the country on the move, with history in tow.
Extensive coverage of war crimes tribunals and controversial calls for blasphemy laws.
In Pictures
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