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Cyprus Financial Crisis

Cyprus Bailout To Hit $30 Billion

AP | JUERGEN BAETZ | Posted 06.11.2013 | Business

BRUSSELS — The cost of bailing out Cyprus has swollen to 23 billion euros ($30 billion), with the crisis-hit country having to take on the lion'...

Cyprus Prison Inmates' Touching Act

AP | MENELAOS HADJICOSTIS | Posted 06.06.2013 | Business

NICOSIA, Cyprus (AP) — With Cyprus' economy falling apart, even those behind prison bars are pulling together to help people in need. ...

IMF Agrees To Its Part Of Cyprus Bailout

AP | MENELAOS HADJICOSTIS | Posted 06.03.2013 | Business

NICOSIA, Cyprus — The International Monetary Fund said Wednesday it will contribute 1 billion euros to an overall financial rescue package of 10...

Cyprus Finance Minister Quits

Reuters | Michele Kambas | Posted 04.02.2013 | Business

NICOSIA (Reuters) - Cypriot Finance Minister Michael Sarris quit on Tuesday after concluding talks with foreign lenders on a bailout that forced the i...

Cyprus To Keep Banks Closed Until Next Week At The Earliest

Reuters | Posted 05.20.2013 | Business

NICOSIA/MOSCOW (Reuters) - Cyprus extended a bank lockdown to next week and considered nationalizing pension funds on Wednesday, scrambling to avert a...

Crisis-Ridden European Nation Delays Crucial Vote

AP | MENELAOS HADJICOSTIS | Posted 05.17.2013 | Business

NICOSIA, Cyprus — Cyprus' president said Sunday that he is trying to amend a key provision of an unpopular eurozone bailout plan that would tax ...