Eurogroup President Jeroen Dijsselbloem said that Moscow may be involved in the final bailout deal given the loan it had provided.
"We know that there are many account holders with a foreign background, [in Cyprus] and part of those are undoubtedly Russian. That plays a role [in a solution]," he said.
Policymakers have been less clear about the possibility of depositors in Cypriot banks losing money.
On Monday, Cyprus's finance minister made it clear he did not wish to impose losses on bank depositors.
EU Economic and Monetary Affairs Commissioner Olli Rehn said on Tuesday that under the terms of the emerging bailout, Cypriot government debt would not be restructured to impose losses on private creditors.
(Reuters)
… we have a small favor to ask. As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.
We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.
Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.
Remind me later.