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The latest business and finance news from around the world, on the BBC.

World Business Report: EU bailout row: what now for Cyprus?

19/03/2013

EU bailout row: what now for Cyprus?

BBC World Service - World Business Report, EU bailout row: what now for Cyprus?

A $13bn bailout of Cyprus is in doubt after mounting opposition to a bank account levy.

A $13bn bailout of Cyprus by the EU and IMF is in doubt after mounting opposition to a levy on bank accounts. Our reporter Nigel Cassidy is live from the capital Nicosia where he's been speaking to local people and businesses concerned about what happens next. We'll also discuss the broader implications for Europe's strategy to deal with its debt crisis. And whilst many countries have turned their back on nuclear power since the disaster at Fukushima in Japan, Britain has approved its first new nuclear power plant in a generation.

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