Now savings could be raided across Eurozone: As finance chief warns more EU taxpayers could be targeted after Cyprus, who's next for a brutal 'haircut'?

After Cypriot MPs refused to back a deposit tax on all savers, a deal agreed with the EU and the International Monetary Fund will affect only the wealthiest – those with more than £84,660 (100,000 euros).

They will lose up to two-fifths of their bank savings