Cyprus Financial Crisis Update: Cyprus Unveils Shake-up as the Clock Ticks

Eurozone crisis update, Cyprus creates chill in EU-Russia ties, Russia accuses the EU of not consulting it on the Cyprus bailout deal and EU is angry at Russia's loud denunciation of the deal

Cyprus crisis latest update, Cyprus unveils shake-up as the clock ticks, Cypriot parliament is due to debate 61-page bill on the banking system on Friday, with lawmakers saying they need time to consider the legislation

European Union seeks cap on fund managers' bonuses, New rules highlight the growing determination of European politicians to crack down on perceived excesses in the financial sector

From Germany, Berlin is right to say no gain without pain, Insisting on financial discipline in the rescue of profligate countries such as Cyprus puts Germany in a tough position, writes Josef Joffe

Pressure mounts on Cyprus, The government is trying to put together an alternative rescue package, but several of its elements are seen as non-starters by Brussels and Berlin

Meanwhile, Irish growth bucks eurozone trend, Dublin reports second year of growth but economists warn that the broader eurozone problems are already taking their toll on the economy