Disastrous eurozone exit avoided says Cypriot minister
Cyprus has struck a last-minute deal to prevent the collapse of its banking system.
It agreed a 10bn-euro bailout after tense negotiations in Brussels with international lenders.
Cypriot Finance Minister Michalis Sarris said it was the best possible outcome in the circumstances and his country had avoided a disastrous exit from the eurozone.
25 Mar 2013
- From the section Europe