The CPB debt of 9 billion euro to ELA (Emergency Liquidity Assistance) will be transferred to BOC but it will remain ‘frozen’.

The exact percentage of the deposits ’haircut’ – also called “levy” have not been determined. It’s estimated to be between 28-30 percent. Allegedly the Troika had asked 40-50-60% haircut that was vehemently rejected by Anastasiades.