Cyprus' bailout deal is the fifth agreed on so far in the group of 17 European Union countries that use the Euro, since the debt crisis began in late 2009.
The Eurozone's 5 Bailouts
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Cyprus first asked for a eurozone and IMF rescue package in June 2012. The talks continued for months and in March 2013, a new deal was finally crafted to raise the money they needed to qualify for the rescue loans.