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Cyprus Leaders Head to Brussels
Cyprus President Nicos Anastasiades and party leaders are travelling to Brussels for critical talks with the EU on measures aimed at staving off bankruptcy...
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...
Stournaras: Greek Lender Starts Acquiring Local Cypriot Operations
Greece's Finance Ministry said Friday that a Greek bank will immediately start acquiring the local operations of Cypriot banks in close cooperation with the...
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 Moves To Plan C To Avert Default
With its back against the wall and facing a March 25 deadline to try to come up with a plan that would bring in...
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...
Greece Backs Cyprus' Bailout Rejection
The Greek government, which relented to austerity measures demanded by international lenders, is praising Cyprus for rejecting a confiscation tax on bank accounts insisted...
What's Next for Cyprus? New Plan Explained
After Cyprus’ loud “No” to a demand from international lenders that up to 9.9 percent of bank accounts be seized to help pay for...
ECB Says Will Offer Liquidity to Cyprus Despite Deposit Tax Rejection
The European Central Bank (ECB) said on Tuesday it remains committed to providing liquidity within certain limits despite Cypriot lawmakers overwhelmingly rejecting a levy...
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...


