Chancellor Angela Merkel warned Cyprus 'not to test the boundaries of the Troika's patience'. That's after one avenue of rescue - a deal with Russia, all but evaporates. Nicosia and Moscow failed to agree on a rescue plan, after intense negotiations in the Russian capital.
RT's news editor Ivor Crotty says the rivalry over Cyprus began more than a year ago.
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Posted: 24 March 2013
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