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Tata Steel is increasingly confident about securing a rescue deal for its UK business and the Port Talbot steelworks in Wales, after talks with the business secretary and the Pensions Regulator.
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Last year, Greece secured a rescue package worth 110 billion euros.
But even then there would be numerous hurdles to overcome before Cyprus could secure a rescue package.
Duff & Phelps is winding down the 163-store chain after it failed to secure a rescue deal for the retailer.
BHS is being wound down after administrators failed to secure a rescue deal, putting 11,000 jobs at risk.
Duff & Phelps, the administrators, are attempting to secure a rescue deal for BHS and its 11,000 workers.
If MPS fails to secure a rescue by private investors in the coming days, Italy would embark on a precautionary recapitalisation, the finance ministry official said.
BHS is being wound down after administrators failed to secure a rescue deal, putting 11,000 jobs at risk and leaving it with a £571m pension deficit.
BHS is being wound down, with its 163 shops closed, after Duff & Phelps failed to secure a rescue deal for the retailer.
The end came on 8 April, when MG Rover went into administration after failing to secure a rescue partnership with Chinese state-owned carmaker the Shanghai Automotive Industry Corporation SAICC).
Should the Co-op fail to secure a rescue of its banking division it will fall to the government to step in.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com