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Cyprus calm but crisis effects ripple

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.
Posted In: cyprus, bailout, Europe debt crisis

Cyprus tries to contain itself, U.S. economy expands

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.
Posted In: cyprus, bailout, GDP

Cyprus capital controls threaten fate of the euro

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.
Posted In: cyprus, euro, bailout

Cyprus banks re-open to crowds of eager customers

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.
Posted In: cyprus, bailout, Europe debt crisis

Cyprus guards itself against a bank run

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.
Posted In: cyprus, bailout

A view from inside the crisis in Cyprus

Mar 26, 2013
Fears of capital flight keep banks closed in Cyprus until Thursday. How are local businesses and individuals reacting to the shutdown?
Posted In: cyprus, Europe debt crisis, bailout

What just happened in Cyprus? An explainer

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.
Posted In: cyprus, bailout, Europe debt crisis, whiteboard

Cyprus bailout to calm U.S. markets

Mar 25, 2013
Richard DeKaser, economist with Wells Fargo, discusses the impact of Cyprus' bailout on the U.S. economy.
Posted In: cyprus, stock market, bailout

Russia speaks out against Cyprus bailout

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.
Posted In: cyprus, Russia, bailout

Cyprus avoids bankruptcy with $13 billion bailout deal

Mar 25, 2013
After more than a week of turmoil, eurozone finance ministers reached a last minute deal to grant Cyprus a $13 billion bailout.
Posted In: cyprus, bailout, Europe debt crisis

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