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The New Cyprus Finance Minister Is Only Going To Say This Once

AP | Posted 04.08.2013 | Business

NICOSIA, Cyprus -- Cyprus' new finance minister is ruling out any notion that the cash-strapped country will abandon the euro as its currency. Harris...

Europe's Economic Crisis Now Moves Towards Political Crisis

Frank Vogl | Posted 06.04.2013 | World
Frank Vogl

Depositors in all economies in difficulty in Europe should now beware. It is in these countries, which already are in a deep economic slump where the political situation now seems most fraught.

Cyprus Has 'No Intention Of Leaving The Euro': President

Reuters | Posted 05.29.2013 | Business

NICOSIA, March 29 (Reuters) - Cyprus has no intention of leaving the European single currency, the island's president said on Friday, assuring Cypri...

Cyprus Bailout: A Really Bad Deal

Elena Panaritis | Posted 05.17.2013 | World
Elena Panaritis

The big euro news this weekend is playing out in Cyprus where the newly-elected government agreed to a 10 billion euro bailout. One of the conditions of the bailout is a controversial one-off tax of 9.9% on all bank deposits of more than 100,000 Euros. This news was met with disbelief.