A branch of the Bank of Cyprus was bombed as a bailout deal was agreed.<br /> <br />Many fear the country's financial industry has been similarly damaged.<br /> <br />SOUNDBITE) (Greek) MAN IN THE STREET SAVVAS GEORGIOU, A PENSIONER, SAYING:<br /> <br />"The decisions taken are harsh, it is a catastrophe, it will be a long time before things are right again."<br /> <br />(SOUNDBITE) (Greek) MAN IN THE STREET, CHAMBIS YAKOS, SAYING:<br /> <br />"It all happened very fast, we were listening to the discussions but we don't understand it, we are not mathematicians."<br /> <br />To supplement a 10 billion euro loan from the EU Cyprus will tax bank depositors holding more then 100,000 euros.<br /> <br />Laiki Bank, the country's second-largest and most troubled, will close - it's bad assets put into a separate bad bank<br /> <br />Its smaller deposits will be transferred to the Bank of Cyprus. which will be shrunk and restructured.<br /> <br />Significant losses are likely says Tobias Blathner from Daiwa Capital Markets.<br /> <br />TOBIAS BLATHNER,
