Former Fulham manager expresses frustration with the periods of inactivity in the job

Limits imposed on cash transfers as island scrambles to prevent a run on its banks

England will be desperate to win their group

It was a humiliating day for Cyprus and a profoundly worrying one for the future of the single currency. The nation – at least for a week – is no longer in the euro.

Otto Rehhagel, the German football coach who led Greece to victory in the 2004 European Championships was unmasked as Chancellor Angela Merkel’s latest weapon in a campaign to restore Berlin’s tattered image in Greece and Cyprus.

Anger at a deal aimed at saving Cyprus from bankruptcy spilled into the streets today with thousands of students and finance workers demanding answers after the government said banks would remain shut for two more days and details of strict capital control measures emerged.

Q. We are going to Cyprus on 14 April. Do you think we will have any problems? Lesley-Jane Smith, Worcester

Since the Solidarity charity began handing out food packages in Paphos last year, more destitute families have been turning up each week, unable to support themselves as businesses went under, jobs were lost, and prices soared while meagre welfare payments remained the same.

Investors fear raids on bank accounts in other countries after Cypriot rescue deal is hailed by eurozone finance chief

Russia has put aside its anger over what it sees as an unfair levy on major deposits held in Cypriot banks, and agreed to support Europe’s bailout of the island by refinancing a major loan to the country. The usually hawkish President Vladimir Putin had no sharp rhetoric for the EU or Cyprus today, but instead confirmed that Russia would backstop the EU bailout by restructuring a €2.5bn loan first extended two years ago.

Cyprus can’t be said to be in the single market if there are severe limits to moving money

The deal will see investors with more than €100,000 in the nation’s largest banks forfeit a large chunk of their deposits

A last-minute package of rescue loans that saves Cyprus from a banking collapse and bankruptcy helped push Asian stock markets higher today.

In Nicosia, Nathalie Savaricas finds the mood turning towards a drastic solution to ‘the pit of hell’ blamed on Brussels