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Cypriot students protest in Brighton at bank crisis
7:10pm Thursday 21st March 2013 in News
Students from Cyprus fear they may be forced to cut their studies short because of the country’s bailout crisis.
More than 50 marched through the streets of Brighton and Hove yesterday (March 20) in protest at the financial disaster gripping their homeland.
Earlier this week the Cypriot parliament rejected a plan to impose a levy on bank deposits in order to raise cash towards a €10bn EU bailout offer.
But students said they were worried the raid on their savings would still happen. Panayiota Alexandrou, 21, a final year student at the University of Brighton, said: “A lot of people are considering going home because they can’t afford to carry on.
"Most of us have money sent to us by our parents and many of us are using Cypriot accounts.
“The people that don’t have any UK accounts can’t access their money because the banks are shut.”
More than 300 families from Cyprus live in Brighton and Hove.
Flora Papanicolaou, secretary of Brighton and Hove Greek Orthodox Church, said: “There are a lot of elderly people from Cyprus in Brighton that have property and savings back home. And most people still can’t access their money. People are furious.”
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