Anastasiades

As Cyprus’ government is under fire after reports that politicians and favored companies had loans written off while big bank depositors were having up to 80 percent of their money confiscated to trigger a 10 billion euros ($13 billion)...

Depositors with more than 100,000 euros ($130,000) in uninsured accounts at the Bank of Cyprus stand to suffer big losses under a restructuring plan devised as a way to confiscate their holdings and trigger release of a 10 billions...

As Cyprus ratchets down its oversized banking sector to get a pending 10 billion euros ($13 billion) bailout from international lenders, the price it's paying, including confiscating up to 80 percent of uninsured bank deposits over 100,000 euros ($130,000)...

With fury in Cyprus that large account holders in the country's banks could face 80-100 percent losses and see their money confiscated by the government to meet demands of international lenders and trigger a 10 billion euros ($13 billion)...

Cyprus’ sudden acquiescence to demands by international lenders to confiscate 40 percent or more of bank deposits over 100,000 euros ($130,000) and limit withdrawals, while keeping the banks shut, has turned much of the country overnight into a fright-filled...

On Feb. 25, conservative lawyer Nicos Anastasiades, promising Cypriots he would never allow foreign entities to steal money out of their bank accounts to pay for mistakes the banks made, was easily elected the island’s new President. On March 25...

Greece described a bailout deal between international lenders and Cyprus that will confiscate as much as 30-100 percent of bank accounts over 100,000 euros ($130,000) as "painful" but didn't object as it faces negotiations with the same lenders who...

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 closed since March 15 not due to open again until March 26, the central bank...

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, including for a bank confiscation tax, to trigger release of a 10 billion euros ($13...

Offering to step into the breach to help Cyprus during its crushing economic crisis, Turkey - whose troops still occupy the northern third of the island unlawfully since invading in 1974 - said it would support an eventual transition...