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Cyprus ends money controls on 2 more foreign banks
Cypriot authorities have lifted restrictions on money withdrawals and transfers for international clients of another two foreign banks active in the ...
ECB's Draghi: 'Imperative' to set up new bank body
European Central Bank President Mario Draghi said it was "imperative" that Europe's leaders create a new agency with powers to restructure busted ...
EU bid to label Hezbollah wing terror group
The European Union is reassessing whether to declare the Lebanese party Hezbollah's military wing a terrorist organization, a move it has long shied ...
Correction: Cyprus-Breaking Barriers story
In a story April 27 marking the 10th anniversary of the breaching of the barriers carving up Cyprus, The Associated Press erroneously reported that ...
Cyprus drops limits on 8 more foreign banks
Cyprus on Friday got rid of limits on money transfers and withdrawals for international clients of another eight foreign banks doing business in the ...
Report: Torture evidence found in Syrian prisons
Rights activists visiting abandoned government prisons in the first Syrian city to come under rebel control have found torture devices and other ...
Glance: Europe's Key Institutions
Following the chaotic bailout of Cyprus, top European Union officials are saying it's time to rethink how the region manages its crisis — and who ...
IMF says Cyprus at risk of even deeper recession
The IMF said Friday that substantial risks still loom for the Cypriot economy even after a multi-billion dollar international bailout aimed at ...
Top officials call to overhaul euro institutions
Engineering a financial bailout for Cyprus in March was such a chaotic process that top European officials say it is time to rethink how the region ...
Briton sentenced to 8 years for UK soldier's death
A Cyprus criminal court on Friday sentenced a British teenager to eight years in prison over the stabbing death of a British soldier during a ...
Cyprus may presell gas reserves to ease crisis
Cyprus may presell the country's offshore natural gas reserves to raise cash quickly and pull it out of its deep financial crisis, the country's ...
Turkish PM talking Syria with Obama at White House
Turkish Prime Minister Recep Tayyip Erdogan is looking for stepped-up action on Syria as he meets with President Barack Obama at the White House.
IMF approves funds for Cyprus bailout
The IMF's executive board has approved a $1.3 billion loan for Cyprus as part of a larger bailout package meant to avert a debt default. The IMF, one ...
Eurozone's struggling economies mired in recession
The eurozone is stuck in recession — its longest since the euro was founded in 1999. The latest figures from the European Union's statistics office ...
Cyprus may get its moon rock after 40 years
Cyprus may finally get its piece of the moon. Some 40 years ago, the Mediterranean island nation was supposed to receive a 1.1 gram piece of moon rock ...
Euro ministers urge troubled Slovenia to act
European finance ministers on Monday urged Slovenia to move swiftly in addressing the problems in its banking sector and get its public finances under ...
Germany: Hope to advance Turkish EU talks soon
Germany's foreign minister said Sunday he hopes that a new chapter in Turkey's stalled European Union membership talks can be opened in the coming ...
Iran recalls its ambassador in Cyprus
Iran has withdrawn its ambassador in Cyprus to protest the country's decision to extradite an Iranian to the United States for prosecution, officials ...
Cyprus exempts capital controls on 4 foreign banks
Cyprus authorities have dropped controls on money transfers and withdrawals for international clients of four foreign banks with branches or ...
Slovenia announces anti-bailout measures
Slovenia's government announced Thursday an austerity plan designed to raise 540 million euros ($707 million) in new taxes as part of an effort to ...
Cyprus keeps limits on money flows
Cyprus will keep limits on money transfers and withdrawals until it is more confident that its ailing banks will not face a run, the central bank's ...
Cyprus parliament approves bailout
Cyprus' lawmakers approved on Tuesday a multi-billion bailout agreement with international creditors aimed at preventing the crisis-hit country from ...
Coach of Cypriot champion APOEL resigns
The coach of newly crowned Cypriot champion APOEL Nicosia has resigned after guiding the club to its 22nd title this week. A statement posted on the ...
Cyprus tries to make politicians more accountable
Cyprus' president and other politicians will have their immunity from prosecution significantly curbed as part of a package of new reforms aiming to ...