cyprus

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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

In Cyprus bailout, what's Russia got to do with it?

Mar 15, 2013
European finance ministers are meeting in Brussels today, and at the top of their agenda is Cyprus. The small Mediterranean island nation, which has 850,000 people, is in desperate need of a bailout.
Posted In: cyprus, euro, Russia, Greece

Cyprus requests eurozone bailout

Jun 26, 2012
The tiny Mediterranean island nation of Cyprus is formally asking for a bailout from Europe. The country says it needs more than $10 billion from its eurozone partners to avoid default.
Posted In: cyprus, Greece, Europe debt crisis, bailout

Cyprus is the latest EU nation to seek a bailout

Jun 26, 2012
The tiny Mediterranean island nation says it needs $10 billion to avoid default just as Spain makes a formal request for a bank bailout
Posted In: spain, cyprus

World markets: Winners and losers in 2011

Dec 30, 2011
The past year wasn’t kind to those with money in the Greek market, but Zambian investors are laughing all the way to the bank.
Posted In: stock market, venezuela, cyprus, 2011, Wall Street

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