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European Central Bank to Cyprus: Now or never
Andrew Walker Mar 21, 2013
Cyprus has until Monday to come up with a new bailout package after the parliament rejected the initial plan that called for a controversial tax on the country’s bank deposits.
European Central Bank pressures Cyprus for new bailout deal
Stephen Beard Mar 21, 2013
The European Central Bank has given the Cyprus just a few days to come up with a new bailout deal after the Cypriot parliament rejected a controversial tax on bank deposits as part of its original bailout plan.
No tax, no bailout? A worst case scenario for Cyprus
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.
Does Cyprus' tax vote mean an exit from euro?
Stephen Beard Mar 19, 2013
A vote in Cyprus could determine the fate of the country's proposed savings account tax, and Cyprus' future in the eurozone. But as much as Cypriots care, so do Russians and Germans.
Cypriots protest bank deposit tax
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.
Sheila Bair: Cyprus deposit tax unlawful, destabilizing
Jeremy Hobson Mar 19, 2013
Sheila Bair, former chair of the U.S. Federal Deposit Insurance Corporation, shares her views on the Cyrpriot bailout plan and whether such a levy could ever happen to U.S. depositors.
Could the Cyprus deposit tax lead to a bank run?
David Weinberg Mar 19, 2013
Bank runs become a problem because banks don’t actually have a lot of money in the bank. Your deposit, to a bank, is a loan -- and most of that money gets lent out again.
U.K. flies more than a million dollars cash to Cyprus
Kai Ryssdal Mar 19, 2013
A British air force plane was loaded up with cold hard cash and flown to Cyprus for the British military there.
Anger and shock sweep Cyprus
Kai Ryssdal Mar 18, 2013
One retired Cyprus resident shares his dismay over news that the Cypriot government could take a percentage of regular deposits in the bank.
Cyprus bank customers asked to help bail out banks
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.
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