Neophytou
Business
Cyprus-EU Talks Resume, Zero Hour Looms
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...
Business
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 ($7.5 billion) to secure a 10 billion euros ($13 billion) bailout from international lenders, Cyprus'...
Business
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 5.8 billion euros ($7.5 billion) to release a 10 billion euros ($13 billion) international bailout,...