Cypriot finance minister  Michael Sarris Photograph: Reuters

Cypriot finance minister Michael Sarris quit today after concluding talks with foreign lenders on a bailout that forced the island to slap unp(...)

Russian prime minister Dmitry Medvedev  chairing a meeting with his deputies at the Gorki state residence outside Moscow yesterday. Photograph: Ekaterina Shtukina/Reuters

Moscow has agreed to consider easing the terms of a €2.5 billion loan to struggling Cyprus, while also demand(...)

Protestors shouting anti-EU  slogans outside a Eurogroup meeting at the European Council building last night in Nicosia. Photograph: Milos Bicanski/Getty Images

Cyprus was close to reaching agreement with its international lenders on a new bailout package early today that will protect depositors under €100,(...)

Bank employees protest outside the Finance Ministry in Nicosia today. Photograph: Yannis Behrakis/Reuters

Cyprus has conceded to a one-off levy on deposits over €100,000 in a dramatic U-turn as it raced to satisfy Eu ropean partners and seal an (...)

A protester cries during a rally by employees of Cyprus Popular Bank outside the parliament in Nicosia  this week. Photograph: Andreas Manolis/Reuters

Russia has sent Cyprus ’s finance minister home emptyhanded and said it will only consider helping the stricken island once it(...)

Cyprus’s  failure to get a deal from Russia left it looking foolish and desperate and altered the deadlock’s power dynamics, despite the diplomatic language used by prime minister Dmitry Medvedev yesterday in a press conference with European Commission president José Manuel Barroso. Photograph: Reuters Cyprus’s failure to get a deal from Russia left it looking foolish and desperate and altered the deadlock’s power dynamics, despite the diplomatic language used by prime minister Dmitry Medvedev yesterday in a press conference with European Commission president José Manuel Barroso. Photograph: Reuters

The week began with sketchy details of a Cypriot bailout trickling out of Brussels in the early hours of Saturday. It ended with chaos and ange(...)

Supporters of the extreme-right Golden Dawn party hold Greek flags during a rally over the crisis in Cyprus outside the German embassy in Athens today.  Photograph: John Kolesidis/Reuters

Finance ministers of the 17-nation euro zone will hold talks on Sunday on the bailout crisis in Cyprus. The meeting has been scheduled a(...)

People queue up to make a transaction at an ATM outside a branch of Laiki Bank in Nicosia, Cyprus today. Photograph: Yannis Behrakis/Reuters.

Cyprus looks close to agreeing a new proposal to radically restructure its banking sector in a desperate effort to avoid default and financial (...)

People eat at a restaurant under a banner placed by the owner in central Nicosia. The banner reads, ‘My proud Cyprus with the big No’. Photograph: Reuters

Cypriot banks will remain closed until Tuesday, the government confirmed yesterday, as emergency talks on a new bailout proposal ended last night w(...)

International Monetary Fund mission chief Delia Velculescu and European Commission representative Maarten Verwey arrive for a meeting with Cypriot president Nicos Anastasiades at the presidential palace in Nicosia yesterday. Photograph: Reuters

Cyprus drew a blank from its first day of intensive talks with Russia on possible financial aid that could help the island (...)