URGENT ¥¥¥ Cyprus president demands bailout decision on Thursday

Cyprus President Nicos Anastasiades has demanded that a decision on a bailout deal for the near-bankrupt eurozone member must be made on Thursday, the official CNA news agency reported.

"A decision on a Cyprus rescue must be made on Thursday at the latest," CNA quoted Anastasiades as saying as he left the presidential palace in Nicosia on Wednesday night.

Anastasiades had chaired a meeting of his cabinet on Wednesday, and state television reported he was to present party leaders with a Plan B aimed at securing an EU-IMF bailout for the Mediterranean island.