A meeting of EU Finance Ministers on the crisis in Cyprus has been delayed as the Cypriot President continues talks with the IMF and ECB.

They are preparing to discuss plans put forward by the Cypriot government to qualify for a €10 billion rescue package.

The Cyprus Popular Bank says it is limiting cashpoint withdrawals to €100 per day, amid new government plans for a levy on savings.

If agreement is not reached, Cyprus could be forced to leave the Eurozone.