Economy News Headlines - Yahoo! News: Cyprus seeks 11th-hour deal to avert meltdown

Economy News Headlines - Yahoo! News Get the latest economy news headlines from Yahoo! News. Find breaking economy news, including analysis and opinion on top economy stories, photos and more.

Cyprus seeks 11th-hour deal to avert meltdown Mar 24th 2013, 07:26 By Michele Kambas and Karolina Tagaris NICOSIA (Reuters) - Cypriot President Nicos Anastasiades was expected in Brussels on Sunday to seek an 11th-hour reprieve from financial meltdown, with a bailout from the European Union and the island's place in Europe's single currency bloc hanging in the balance. Underlining the gravity of Cyprus' position, the EU's economic affairs chief said there were now "only hard choices left" for the latest casualty of the euro zone crisis. ... Media files: 2013-03-23T185850Z_1_CBRE92M1GQ500_RTROPTP_2_EUROZONE-CYPRUS.JPG (image/jpeg)

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