ECB's Joerg Asmussen says Emergency Liquidity Agreement at risk if Cyprus can't produce alternative bailout plan
Cyprus President Nicos Anastasiades, whose party does not have a majority in parliament, says deal necessary to avert chaotic bankruptcy.
The deal requires Cyprus to trim deficit, shrink banking sector and increase taxes.
Markets open mixed as investors await more US indicators for further economic recovery signs.
Sale attracts €13bn and could mark crucial stage in efforts to exit EU/IMF bailout.
The International Energy Agency warns that oil demand is weakening on feeble world economic growth
Sterling slumps and Gilts rally as pressure mounts on Osborne ahead of next week's Budget Statement.
PM assertion that tax increases and spending cuts have not hurt growth are wrong, says the Office for Budget Responsibility.
ECB President Mario Draghi says rules won't allow Bank to act unless formal request made by Italian government to both the European Union and the International Monetary Fund
Markets open higher as traders await regional service-sector data amid eurozone finance ministers meet.
The Baltic economy would become the 18th EU member to join the single currency
Opposition leaders shun incoming secretary of state after US opposes election boycott.
A meeting between Obama and congressional leaders fails to avert $85bn spending cuts, which could harm US and global economy.
President blames Republicans for failure to tackle US's $16.6tn debt.
Egypt's finance ministry has proposed renting out the country's famous pyramids to international tourism firms in an attempt to save the country's economy from collapse.
Markets open lower as traders consider US spending cut talks and disappointing China manufacturing data.
Congress adjourns without final decision on $85bn (£56bn) spending cuts.
Greece's jobless rate reaches record level as continuing austerity measures and tax hikes hurt job market.
Transatlantic agreement could be worth trillions in annual trade as Europe and US fend off emerging markets challenge.
Sri Lanka has decided not to pursue new loan programme with IMF as it increased foreign reserves significantly.
India plans to open up banking sector to corporates for wider inclusion of people.
Romanian airline Tarom vows to fire navigator if breath tests reveal booze.