Cyprus Bank Bailout Issue

The European Central Bank gave Cyprus four days to come up with a bailout plan as of Thursday. Russian Finance Minister Anton Siluanov said, "the talks have ended," but but Prime Minister Dmitry Medvedev said assistance from Moscow would be depended on Cyprus gaining European Union for its other ideas for raising money. Cypriot officials have hoped for a loan of $30 billion or more from Russia. If Cyprus does not come up with a bailout plan within the next few days, then the European Central Bank will cutoff their banking sector.