bailout
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Germany approves $13 billion Cyprus bailout to stem contagion
by
Apr 18, 2013
The overwhelming yes vote came after a warning from Germany's finance minister Wolfgang Schaeuble that if Cyprus was allowed to go bankrupt, other euro zone countries would be at risk.
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Cyprus calm but crisis effects ripple
Interview with
Mar 29, 2013
Banks are open for the second day in Cyprus after two weeks of closure. From the outside, things appear to be calm. The President of Cyprus said this morning that the country will not leave the euro.
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Cyprus tries to contain itself, U.S. economy expands
Interview with
Mar 28, 2013
Diane Swonk, chief economist with Mesirow Financial, joins Marketplace Morning Report host Jeremy Hobson to discuss whether the crisis in Cyprus will spread and how the U.S. economy is faring.
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Cyprus capital controls threaten fate of the euro
by
Mar 28, 2013
Strict controls on the level of withdrawals have prevented a bank run in Cyprus. But the restrictions are raising fresh doubts about the future of the euro.
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Cyprus banks re-open to crowds of eager customers
Interview with
Mar 28, 2013
Banks in Cyprus have just re-opened for the first time in two weeks. Although there are tough restrictions on just how much cash customers can withdraw and what they can do with that money once they have it.
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Cyprus guards itself against a bank run
Interview with
Mar 27, 2013
Julia Coronado, chief economist with the investment bank BNP Paribas, joins Marketplace Morning Report host Jeremy Hobson to explain how Cyprus is guarding itself against a bank run.
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A view from inside the crisis in Cyprus
by
Mar 26, 2013
Fears of capital flight keep banks closed in Cyprus until Thursday. How are local businesses and individuals reacting to the shutdown?
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What just happened in Cyprus? An explainer
by
Mar 25, 2013
The moral of the story of the near collapse of Cyprus' banking system is that when a saving rate looks too good to be true, it probably is.
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Cyprus bailout to calm U.S. markets
Interview by
Mar 25, 2013
Richard DeKaser, economist with Wells Fargo, discusses the impact of Cyprus' bailout on the U.S. economy.
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Russia speaks out against Cyprus bailout
Interview with
Mar 25, 2013
Eurozone finance ministers reached a last minute deal to grant Cyprus a $13 billion bailout early this morning. Those with large deposits in Cypriot banks could be hit will a tax of 30 percent in order to help fund the bailout.
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