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CBC: Greek Bank Subsidiaries in Cyprus Shielded from Greek Economy
Greek bank subsidiaries in Cyprus are protected, Cyprus Central Bank (CBC) Supervision Department Head Yiangos Demetriou said on Friday, dismissing concerns due to the economic instability in...
Democracy vs Banks
Greece and the new Tsipras government have been facing a brutal attack by international creditors. A classic economic war has ensued between a lender...
Financial Times: IMF Considers Presenting Greece with 'Cyprus-Like' Proposal
The International Monetary Fund (IMF) is considering to present Greece with a "Cyprus-like" severe bailout plan proposal, according to a Financial Times report.
With Greece having...
The Mousetrap of Banking
Pick up a stone off the ground, turn it upside down and you will soon discover another thriving virus of corruption lurking under it....
Neighboring Countries Put Greek Bank Subsidiaries in Quarantine
Neighboring countries put Greek bank subsidiaries in quarantine in fear of contagion should there be an economic "accident" in Greece, a "Kathimerini" report said.
The...
German Chancellor Merkel Examines the Model of Cyprus As a Solution for Greece
The model of Cyprus might be the best solution for Greece in order to force the government's implementation of the structural reforms it has...
ECB to Raise Emergency Funding for Greek Banks
The European Central Bank (ECB) greenlit funding for Greek banks amounting to 68.8 billion euros via the Emergency Liquidity Assistance (ELA) support mechanism. ECB's 25-member...
U.S. Ambassador's Tweet Linking Nemtsov's Assasination with President Anastasiades' Visit to Moscow Irritates Cyprus
United States Ambassador to Cyprus John Koenig has irritated Nicosia after asking on Twitter "What do people in Cyprus think about the week in...
Greek Bank Deposit Outflows Continue at Alarming Level
Greek depositors withdrew over 1 billion euros from their bank accounts in the last two days, bringing deposit outflows to the January high levels.
In...
PM Tsipras: Greece and Cyprus Remain Two Significant Pillars of Stability
Greek Prime Minister Alexis Tsipras arrived in Cyprus at 10 a.m. on Monday on his first foreign visit as prime minister. The visit was...


