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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 OK's Partial Bailout Plan
With the clock running fast toward a possible bank collapse and default unless they came up with a plan to raise 5.8 billion euros...
Cyprus' Fate Hangs In The Balance
Cyprus' hopes of finding a way to come up with 5.8 billion euros ($7.5 billion) to secure a 10 billion euros ($13 billion) international...
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...
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 Can Revise Savings Seizure Plan
With reports that new Cypriot President Nicos Anastasiades admitted he didn't have the votes to pass a confiscation tax of up to 9.9 percent...
Eurogroup Decides More Flexibility for Cyprus Levy-source
The Eurogroup agreed that Cyprus depositors with less than 100,000 euros ($129,600) should be protected and not be taxed.
The Eurogroup has decided to give...
Bailout Cuts Cyprus Bank Accounts, Withdrawals Barred
Cyprus, whose banks were pushed to the edge of default by their exposure to heavily devalued Greek bonds, will get a 10 billion euros...
“Evzones” in Brussels Protest Austerity
Thousands of protesters rallied on March 14, in Brussels in order to express their opposition and anger against the austerity measures before all the...
Cyprus Bailout Figure Said $13 Billion
With a new President in place trying to get a handle on an economic crisis that has seen banks pushed toward insolvency, Cyprus may...