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Cyprus Sets 100 Euro Daily ATM Limit

With fear building fast on Cyprus that there may not be a resolution to the country's economic crisis and the banks, which have been...

Cyprus-EU Talks Resume, Zero Hour Looms

Eurozone officials met in Brussels on March 24 with Cypriot officials as negotiations resumed on whether the island country's government could satisfy lender demands,...

Chountis Questions Eurozone Chief’s Standing

Nikos Chountis, a Member of the European Parliament from Greece's major opposition Coalition of the Radical Left (SYRIZA) challenged the competency of Eurozone chief ...

Cyprus Thriller Goes On

The European Union has given Cyprus until March 25 to raise 5.8 billion euros ($7.5 billion) to secure a bailout from international lenders or...

ECB Threatens Cypriot Bank Funds Cutoff

The European Central Bank (ECB) warned Cyprus on March 21 that it would stop providing emergency funding on March 25 unless the government finds...

Eurozone Chief Says Cyprus Risk

With Cyprus frantically trying to find a way to keep its banks and economy from collapsing after rejecting a demand to confiscate up to...

Cyprus Rejects Bank Deposit Tax for EU Bailout, Plan B Coming

The Cypriot Parliament late on March 19, by a vote of 36-0 with 19 abstentions, overwhelmingly rejected a proposal put forth by international lenders...

IIF Bank Chief Fears Cypriot Precedent

The head of the Institute of International Finance, representing banks who agreed to take big losses on their holdings in Greek bonds that precipitated...

Cyprus Will Exempt Small Savers From Tax

In a frantic bid to get support from Parliament before a crucial March 19 vote on a savings confiscation plan demanded by international lenders...