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No tax, no bailout? A worst case scenario for Cyprus

by
Stephen Beard
Mar 20, 2013
Cyprus is in turmoil following the decision last night by its parliament to reject a bailout plan from the eurozone. The plan entailed a one-off tax of up to 10 percent on Cypriot bank accounts.

Cypriots protest bank deposit tax

Interview with
Nigel Cassidy
Mar 19, 2013
Later today, the government of Cyprus will vote on a controversial bailout plan which would tax bank deposits up to 10 percent. The BBC's Nigel Cassidy in Cyprus discusses public reaction to the plan and whether the government will actually pass the measure.

Cyprus bank customers asked to help bail out banks

by
Stephen Beard
Mar 18, 2013
Anyone with cash in a bank account in Cyprus could lose up to 10 percent of it, as a one off tax to help fund a bank bailout.

Cyprus bailout tax causes alarm around the world

Interview with
Julia Coronado
Mar 18, 2013
Julia Coronado, chief economist with the investment bank BNP Paribas, explains how the situation in Cyprus is rippling out to other economies around the world.

Cyprus bailout: Depositors face tax, hurry to withdraw cash

by
Stephen Beard
Mar 18, 2013
Financial markets in Asia and Europe fell sharply today thanks to the unusual terms of the EU bailout of Cyprus. A tax of up to 10 percent on bank deposits in Cyprus was proposed to defray some of the cost of the bailout.

5 things you need to know about Cyprus' economy

by
Katie Long
Mar 18, 2013
As Cyprus debates a controversial bailout plan to tax savings accounts, here are the five things you need to know about Cyprus, its economy, and why it is important to the global economic recovery.

In Cyprus bailout, what's Russia got to do with it?

Interview with
Stephen Beard
Mar 15, 2013
European finance ministers are meeting in Brussels today, and at the top of their agenda is Cyprus. The small Mediterranean island nation, which has 850,000 people, is in desperate need of a bailout.

What's up, Europe? The austerity edition

Interview by
Kai Ryssdal
Mar 5, 2013
A guide to living under austerity (and that's another word for sequester).

Italy election deadlock reignites debt crisis fears

by
Christopher Werth
Feb 26, 2013
The European debt crisis has calmed down a lot in the past few months, but elections in Italy have ended in deadlock and uncertainty is back.

With no clear victor, uncertainty wins Italy's election

Interview with
Mark Duff
Feb 26, 2013
Global stock markets are falling this morning after preliminary election results in Italy indicate no political party won a clear majority in parliament.

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