Concerns mount in Berlin that it will take brunt of Kremlin's anger over losses incurred by Russian investors as part of EU deal

Kremlin anger over its losses in the Cyprus bailout could put the nail in the coffin of the "special relationship" shared by Germany and Russia, German businessmen and advisers increasingly fear.

"Of course there are...

Bank figures reveal deposits were being run down in February – well before first proposals for a bailout were made public

Investors were removing money from banks in Cyprus long before the onset of the two-week financial crisis that forced the small eurozone country to impose controls on capital flight.

Data from both the European Central Bank and...

Cyprus may have been saved, but monetary union is impossible to sustain in the absence of a political union across Europe

Europe can choose its own musical accompaniment to its latest crisis. In Berlin, 50 Cent's film All Things Fall Apart has just had its premiere, so that soundtrack might be appropriate. Or the continent can reach back to...

Gang of five hail 'new paradigm', but questions about funding and location of headquarters remain unresolved

Five giants of the developing world have in principle agreed to create a development bank to provide initial funding for infrastructure projects worth $4.5tn (£3tn), in a potentially historic challenge to western-dominated financial ...