NICOSIA, Cyprus (AP) -- The governing party in Cyprus has called for a one-day delay in a crucial parliamentary vote on a plan to seize a part of depositors' bank savings.

DISY lawmaker Averof Neophytou argued Tuesday that postponing the vote to Wednesday would give legislators a chance to seek a solution that would prevent "the big dangers our country is facing."

The government presented a plan over the weekend to dip directly into people's Cypriot bank accounts in order to contribute €5.8 billion ($7.5 billion) out of a €15.8 billion bailout. The move has caused an uproar.

The government brought an amended bill Tuesday that will shield small savers with up to €20,000 ($25,858) in the bank from the seizure.

DISY holds 20 of Parliament's 56 seats. Other parties argued for the vote to go ahead as planned Thursday evening.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.