The only area of agreement was a deal to boost the European Solidarity Fund to help regions of Italy affected by an earthquake earlier this year.

BBC: Budget 2013 debate

There were calls from across the political spectrum for better use of the European Solidarity Fund, which is used to help rebuild areas damaged by natural disasters.

BBC: MEPs highlight floods in Europe

Apart from the bank's restructuring, lawmakers were looking at a number of other bills including one setting up an "Investment Solidarity Fund" and restricting banking transactions in times of crisis.

NPR: Cyprus Lawmakers Work On Economy-Saving Plan

The financial hole of 9bn is believed to be the biggest shortfall ever, and would mainly be used to reimburse countries for money they have paid into the solidarity fund, the rural development fund and the cohesion fund.

BBC: Budget 2013 debate

Cyprus took significant steps toward cementing a new plan Friday night, when its lawmakers approved nine bills, including three crucial ones that will restructure ailing banks, restrict financial transactions in emergencies and set up a "solidarity fund" that will act as the vehicle for raising funds from investments and contributions.

NPR: Cyprus Locked In Tough Talks As Deadline Looms

In fact, what the global taxers euphemistically call "innovative sources of financing" and "solidarity levies to fund development" are already being imposed.

CENTERFORSECURITYPOLICY: Hidden agenda

In an effort to demonstrate Asian solidarity, a hunt was instigated for a regional alternative to the fund.

ECONOMIST: Banyan