Eurogroup Eurogroup committed to stable EMU and stand by Cyprus in reforms Negotiations based on Troika analysis Wants rapid Cyprus Plan B for discussion ( what the blazes have they been doing all day then?) Plan B must respect previous parameters Reaffirms previous EU guarantee for deposits of under 100k Cyprus Govt to tell Eurogroup it’s against deposit levy If deposit levy, must be a small one Floats internal borrowing plan to Eurogroup Russia rejected all govt proposals and only discussing current loan extension (when your over a barrel you don’t get much choice) (full story)