Protests are continuing in Cyprus as the country’s economic crisis has appeared to deepen following the negotiation of a massive European bailout. Officials are expected to unveil new controls before banks reopen to stave off a rush by people concerned about their savings. Large depositors in Cyprus are now reportedly facing losses of roughly 40 percent. On Tuesday, employees at the country’s largest bank occupied their workplace amid fears they could lose their jobs.

Andreas Vassiliou: “It is a big demonstration. The workers of the Bank of Cyprus have shown once more that they are demanding their rights. We are carrying out a very dignified and peaceful protest, and it is only to secure the rights of the employees of the Bank of Cyprus.”