Q&A: Cyprus bailout
- Published
The Cypriot government is scrambling to secure a deal to raise the 5.8bn euros it needs to unlock a 10bn-euro bailout from the European Union and the International Monetary Fund (IMF). It has until Monday - the deadline set by the European Central Bank (ECB) which says it will cut crucial funding to Cyprus's banking sector if an agreement is not reached in the Cypriot parliament.