Ten Things You Need to Know Today: Monday 25 Mar 2013

1. CYPRUS: LAST-MINUTE EU BAILOUT AGREED

An 11th-hour deal has been reached in Brussels to keep Cyprus in the eurozone with a €10bn bail-out. The Popular Bank – or Laiki – will be closed so that the Bank of Cyprus can be recapitalised. Savers with deposits under €100,000 will now escape any levy. But higher savers – including many wealth Russians - face big losses.

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