Cyprus bailout crisis shakes markets

"Euro and shares slide over fears that Cyprus could trigger bank runs in other eurozone countri

BANK RUNS (TRANSLATION) --->  BANK HOLIDAYS

"Eurozone finance ministers demanded on Sunday that Cypriots pay up to 10% of their bank deposits in exchange for a €10bn (£8.5bn) bailout, prompting panic across the island as people rushed to cash machines to withdraw their savings.

That caused traders to dump shares across Europe, on fears it sets a dangerous precedent that could trigger bank runs in other eurozone countries."