Europe debt crisis

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It's going to be a long weekend for Cyprus

Mar 22, 2013
The European Central Bank has given the small island nation until Monday to agree on a new plan to raise billions of dollars and avoid bankruptcy.
Posted In: cyprus, Europe debt crisis, bank run

Global markets watch and wait for Cyprus

Mar 21, 2013
Diane Swonk, chief economist with Mesirow Financial, discusses how the situation in Cyprus could affect the global economy.
Posted In: cyprus, bailout, Europe debt crisis

European Central Bank to Cyprus: Now or never

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

European Central Bank pressures Cyprus for new bailout deal

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

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

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.
Posted In: cyprus, Europe debt crisis, Germany, Eurozone

Cypriots protest bank deposit tax

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.
Posted In: cyprus, Europe debt crisis, bailout

Cyprus bank customers asked to help bail out banks

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.
Posted In: cyprus, Europe debt crisis, bailout

Cyprus bailout tax causes alarm around the world

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.
Posted In: cyprus, Europe debt crisis, bailout

Cyprus bailout: Depositors face tax, hurry to withdraw cash

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.
Posted In: cyprus, bailout, Europe debt crisis

5 things you need to know about Cyprus' economy

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

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