IMF

Depositors to face strict controls on card transactions, daily withdrawals, money transfers abroad and cashing of cheques.

The BRICS nations will discuss ways to tackle under-development and currency fluctuations.

ECB executive board member Benoit Coeure challenges 'Cyprus template' suggested by Eurogroup president Jeroen Dijsselbloem.

Cyprus extends bank closure period in order to avoid mass withdrawals in connection with the bailout.

Cyprus wins last-minute bailout deal as eurozone finance ministers agree on an alternative proposal to generate funds.

Cypriot president Nicos Anastasiades due in Brussels for last-ditch talks to secure bailout package.

The sale of Cypriot banks' branches in Greece are part of the island's alternative plan to secure bailout deal.

Cyprus's troubled second largest bank Laiki to be restructured while controversial move to levy tax on bank deposits will be put to vote.

IBTimes UK business editor Martin Baccardax takes us through the week's big events, including the Cyprus crisis, dismal eurozone industry data and the UK Budget.

Lawmakers scrambling to agree a bailout deal ahead of European Central Bank deadline on financing.

ECB's governing council will pull emergency funding programme on 25 March unless Cyprus reaches deal with EU and IMF.

The new plan is expected to include a levy on bank deposits over €100,000 and nationalising pension funds.

Paris authorities investigate €400m arbitration deal in favour of French tycoon Bernard Tapie.

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.