Euro zone finance ministers close to agreeing bailout for Cyprus
Euro zone finance ministers last night said they were close to agreeing a bailout for Cyprus, although details of whether a rescue package would affect depositors is still unclear.
Eurozone approves Cyprus bailout terms Updated: 23:15, Friday April 12, 2013 Eurozone finance ministers formally approved the terms of a Cyprus debt bailout, after some confusion over whether it needed revision, saying it could now go ahead once cleared by national parliaments.