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CYPRIOT CENTRAL BANK
Eurozone banking on this QE for revival?The US and UK, being free market, decided to prop up the economy by QE, otherwise known as printing money, and reducing interest rates to n...
Plunging gold prices crush investors' safe-haven betsMany retail punters and investors who initiated bullish bets on the commodity exchanges have been left licking their wounds.
Cyprus names Harris Georgiades as new finance minister, capital controls partly easedCyprus appointed Harris Georgiades as finance minister, replacing Michael Sarris who resigned earlier on Tuesday.
- Cyprus kills banking as we all knew it
While the many charms of removing capital controls have enticed many in India's policymaking circles, there is a case for hastening slowly.
Cyprus to limit cash, credit-card use abroad: ReportCyprus to impose a ban on cashing cheques and limit the amount of cash that can be taken out of the country under measures to avert a run o...
Cyprus is to Russia what Mauritius is to IndiaDoddering Cypriot banks have been crippled by their exposure to the financial crisis in Greece.
- Cyprus deal drives up insurance costs on bank debt
The cost of insuring European bank debt against default jumped on Monday after a senior EU official said the bailout of Cyprus could be use...
Cyprus to shrink banking system for bailout dealCypriot President Nicos Anastasiades agreed to shut the country's second-largest bank under pressure from a German-led bloc of creditors.
Gold may shine as bulls see hope in Cyprus crisisGold traders are becoming more bullish as concern mounts that a worsening of Europe’s debt crisis will spur demand for a protection of weal...
- Euro ministers ready for new proposal to bailout Cyprus
The new plan is an alternative to the bank levy proposed initially to raise up to $7.9 bn, a main condition to receive the bailout, which w...
EU may soften stance over Cyprus bank tax as outrage roils marketsWhile demanding that the levy raise the targeted $7.6 billion, finance officials said easing the cost to smaller savers was up to Cyprus.
- Gold tops $1,610 per oz on Cyprus bailout deal
Gold extended earlier gains to hit its highest since late Feb, with some investors drawn to the precious metal's safe haven properties.
- EU ministers to bail out Cyprus by March
The European Union is also weighing whether to extend Ireland's rescue loans by five years or more, according to two EU officials.
- Cyprus to inject euro 1 billion in banking system
Cyprus' Finance minister said that government would inject another euro1 billion ($1.33 billion) into banking system to bolster liquidity i...
- Tiny Cyprus, Malta join euro
The Mediterranean islands scrapped the Cyprus pound and Maltese lira to bring the number of countries using the shared currency to 15.