Ukrainian Prime Minister Mykola Azarov Tuesday urged the Cyprus government to decide quickly on whether to impose one-off taxes on bank deposits, saying the indecision could affect world markets, according to Xinhua.
"The Cyprus authorities should not allow this crisis of confidence to spread with a domino effect," Azarov told a press conference.
However, he said the planned 9.9-percent taxes on bank deposits, as part of a proposed bailout of Cyprus's economy, would only have limited effect on Ukrainian businessmen.
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According to the estimates of local experts, Ukraine might lose up to 200 million dollars, should the island's government impose the taxes on bank deposits.
