Cyprus Bailout
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New IMF Tranche Takes Cyprus Bailout To One Billion Euros
The International Monetary Fund on Wednesday approved the disbursement of 126.3 million euros ($137.4 million) to Cyprus after the eurozone member passed its ninth and penultimate review of its bailout programme.
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Greek Debt Talks with Eurozone Break Down, Way Forward Uncertain
Talks between Greece and Eurozone finance ministers over the country's debt broke down on Monday when Athens rejected a proposal to request a six-month extension of its international bailout and stick to the conditions.
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Cyprus passports offered to foreigners who lost millions in EU bailout
President Nicos Anastasiades said Sunday that foreigners with bank deposits in Cyprus who lost at least 3 million euros ($3.9 million) under an EU bailout for the island would be given passports.
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Cyprus details heavy losses for major bank customers
Major depositors in Cyprus's biggest bank will lose around 60 percent of savings over 100,000 euros, its central bank confirmed on Saturday, sharpening the terms of a bailout that has shaken European banks and saved the island from bankruptcy.
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Cyprus bailout talks go to wire in Brussels
EU economic chief Olli Rehn warned Cyprus it was essential to reach a deal in Brussels Sunday to save its economy from imminent bankruptcy, saying "there are only hard choices left" for the country.
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Cyprus racing to complete alternative rescue plan
Politicians in Cyprus were racing Saturday to complete an alternative plan raising funds necessary for the country to qualify for an international bailout, with a potential bankruptcy just three days away.
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British military plane takes 1 million euros to Cyprus
The cash cargo flight was a "contingency" plan in case banks in Cyprus stopped giving out money as the island deals with the fallout from a controversial eurozone bailout deal, a spokesman said.
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Cyprus leader faces anger at bank-saving EU bailout
President Nicos Anastasiades tried Saturday to appease Cypriots angry at having to pay from their bank deposits for a chunk of an EU bailout deal which his government signed to rescue the island's banks.
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Nicos Anastasiades wins Cyprus presidential election: exit polls
Rightwing leader Nicos Anastasiades won Sunday's presidential election in Cyprus, tasked with negotiating a crucial bailout for the European Union state on the brink of bankruptcy, exit polls on state television said.
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New IMF Tranche Takes Cyprus Bailout To One Billion Euros
The International Monetary Fund on Wednesday approved the disbursement of 126.3 million euros ($137.4 million) to Cyprus after the eurozone member passed its ninth and penultimate review of its bailout programme.
-
Greek Debt Talks with Eurozone Break Down, Way Forward Uncertain
Talks between Greece and Eurozone finance ministers over the country's debt broke down on Monday when Athens rejected a proposal to request a six-month extension of its international bailout and stick to the conditions.
-
Cyprus passports offered to foreigners who lost millions in EU bailout
President Nicos Anastasiades said Sunday that foreigners with bank deposits in Cyprus who lost at least 3 million euros ($3.9 million) under an EU bailout for the island would be given passports.
-
Cyprus details heavy losses for major bank customers
Major depositors in Cyprus's biggest bank will lose around 60 percent of savings over 100,000 euros, its central bank confirmed on Saturday, sharpening the terms of a bailout that has shaken European banks and saved the island from bankruptcy.
-
Cyprus bailout talks go to wire in Brussels
EU economic chief Olli Rehn warned Cyprus it was essential to reach a deal in Brussels Sunday to save its economy from imminent bankruptcy, saying "there are only hard choices left" for the country.
-
Cyprus racing to complete alternative rescue plan
Politicians in Cyprus were racing Saturday to complete an alternative plan raising funds necessary for the country to qualify for an international bailout, with a potential bankruptcy just three days away.
-
British military plane takes 1 million euros to Cyprus
The cash cargo flight was a "contingency" plan in case banks in Cyprus stopped giving out money as the island deals with the fallout from a controversial eurozone bailout deal, a spokesman said.
-
Cyprus leader faces anger at bank-saving EU bailout
President Nicos Anastasiades tried Saturday to appease Cypriots angry at having to pay from their bank deposits for a chunk of an EU bailout deal which his government signed to rescue the island's banks.
-
Nicos Anastasiades wins Cyprus presidential election: exit polls
Rightwing leader Nicos Anastasiades won Sunday's presidential election in Cyprus, tasked with negotiating a crucial bailout for the European Union state on the brink of bankruptcy, exit polls on state television said.
