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Dutch Finance Minister and President of the Eurogroup Council Jeroen Dijsselbloem (C) takes part in a joint press conference with International Monetary Fund (IMF) Managing Director Christine Lagarde (L) and EU Commissioner for Economic and Monetary Affairs Olli Rehn (R) after a Eurogroup Council meeting at EU headquarters in Brussels on March 25, 2013. EU and IMF officials struck a last-minute deal with Cyprus early on March 25 to resurrect a bailout for the island — but one banking chain goes to the wall and major clients, who include many Russians, will take a giant hit. AFP PHOTO / JOHN THYS

Manuel Almeida

Manuel Almeida

Manuel Almeida is assistant editor-in-chief of both Asharq Al-Awsat and The Majalla. You can follow him on Twitter at @_ManuelAlmeida

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