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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.

Chavez death ripples throughout Latin America

Interview by
Jeremy Hobson
Mar 6, 2013
How will Chavez's passing affect the economies of other countries in Latin America?

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.

Italy election: Bombastic billionaire Berlusconi versus austerity

Story By
Stephen Beard
Feb 22, 2013
Italian media magnate and former Prime Minister Silvio Berlusconi is seeking re-election at the polls this weekend. But will the country take him back or stick with their austerity agenda?

Europe faces up to the cost of austerity

by
Christopher Werth
Feb 22, 2013
Today, the European Commission said the euro zone will shrink another 0.3 percent in 2013, which is deeper and longer lasting than originally expected.

The European debt crisis claims a new victim: Bulgaria

by
Stephen Beard
Feb 20, 2013
After clashes between police and protesters became violent, Bulgarian Prime Minister Boyko Borisov submitted his resignation today in what has become the latest example of voters rising up against budget cuts and winning.

France's president says no to 'endless austerity'

Interview with
Bethany Bell
Feb 5, 2013
Francois Hollande gives his first speech to the European Parliament as head of state.

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