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MAR 18, 2013 - The Guardian

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Cyprus closes banks to stop run amid fury over bailout

Eurozone finance ministers hold emergency talks as vote on aid package in Cyprus parliament is delayed for second dayCyprus took the unprecedented step on Monday of closing its banks until Thursday as officials scrambled to renegotiate the terms of a controversial bailout that threatens to force savers to take a €5.8bn (£5bn) hit to their deposits.Finance ministers from the 17-country eurozone were holding an emergency video conference call amid recriminations over the aid package, particularly in Moscow, where a spokesman for Vladimir Putin attacked the plan as "unfair, unprofessional and ... Read More

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