The Orthodox Church in Cyprus said it's prepared to help save the tiny island nation from a fiscal crisis.
Archbishop Chrysostomos II said he will make the church's assets available to the government for its disposal.
His announcement came after a meeting with the Cypriot president.
The archbishop told reporters he is willing to mortgage the church's considerable holdings in property, banking, and a brewery -- and then invest it in government bonds.
Cyprus needs 15.8 billion euros to bail out its banks and shore up government finances.
Lawmakers rejected a controversial plan Wednesday to tax bank accounts after a public outcry.