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Bank of Cyprus

Unlucky Number 13: Is Slovenia Next in Line for a Bailout?

Luka Orešković | Posted 07.02.2013 | Business
Luka Orešković

While some hope of a miracle occurring in the coming months remains, so does the question of whether the new Slovenian government is willing to invest enough political capital to push through the necessary reforms before the capital markets decide to lock Slovenia out once again.

'Everybody Here Stands To Lose A Lot Of Money, The Money You Worked For Your Whole Life'

AP | By MENELAOS HADJICOSTIS | Posted 06.09.2013 | Business

NICOSIA, Cyprus (AP) — When Costas Kalapodas was diagnosed with brain cancer two years ago and given months to live, he saw one sure place to put hi...

Rich Cyprus Savers To Lose Up To 60 PERCENT Of Their Accounts

AP | MENELAOS HADJICOSTIS | Posted 03.31.2013 | Business

NICOSIA, Cyprus -- Big depositors at Cyprus' largest bank may be forced to accept losses of up to 60 percent, far more than initially estimated under ...

Cyprus Bailout Tax Could Be Worse Than Expected

Reuters | Posted 05.29.2013 | Business

* Terms tough on big depositors at largest bank * Cypriot leader says risk of bankruptcy contained * Accuses Europe of t...

The Crisis Isn't Just in Cyprus

Terry Savage | Posted 05.27.2013 | World
Terry Savage

Could it happen here? It's unlikely that in America you'd see that kind of outright grab on the part of the government, for any reason, (unless you think back to the gold confiscation of the 1930s). And in America, we're very aware of our deposit insurance limitations.

Bank of Cyprus CEO FIRED

Reuters | Posted 05.27.2013 | Business

NICOSIA, March 27 (Reuters) - The Chief Executive of the Bank of Cyprus, the country's largest commercial lender, said on Wednesday ...

Bomb Reportedly Explodes At Bank Of Cyprus Branch

Posted 03.25.2013 | World

An explosion has occurred outside of a Bank of Cyprus branch in Limassol, according to sources enikos.gr and SigmaLive. The blast was caused by an ...