Cyprus banking system

Cyprus will not yet be revealing the identities of individuals and companies that transferred money off the island in the days leading up to last year's bail-in of bank depositors, the parliamentary House Ethics Committee declared Thursday. The committee decided...

President Demetris Christofias on Tuesday blamed "criminal" action by Greek-exposed banks for Cyprus having to accept painful bailout terms for EU aid. In a move to calm growing unrest over job losses and pay cuts, Christofias addressed the nation on...