Cyprus appoints judges to probe economic crash
Cyprus' president has appointed a panel of three former supreme court judges to investigate how the country ended up nearly bankrupt. President Nicos ...

Cyprus gains more time to achieve surplus
Cyprus has been granted an extra year — until 2017 — to achieve a targeted budget surplus of 4 percent as part of bailout negotiations with ...
Cyprus Church leader promises help amid crisis
The leader of Cyprus' Orthodox Christian church vowed to do all he can so that ordinary people "won't go hungry" amid the country's worst financial ...

Bank of Cyprus big savers to lose up to 60 percent
Big depositors at Cyprus' largest bank may be forced to accept losses of up to 60 percent, far more than initially estimated under the European rescue ...

Little Cyprus thumbs its nose at EU 'bullies'
The moment word broke that Cypriot lawmakers in Parliament had voted down a bailout deal that would have raided everyone's savings to prop up a ...

No restrictions on local Cyprus card transactions
Cyprus' central bank tried to kickstart spending in a country left reeling by a 10-day bank closure and financial near-collapse by telling Cypriots ...

Israel faces geopolitical tangle with natural gas
Recent discoveries of massive offshore natural gas deposits, set to begin flowing in the coming days, are turning into a mixed blessing for Israel.

President urges Cyprus to 'share the burden'
Cyprus's president called on the country to "share the burden" of solving its financial crisis Friday as banks opened for normal business for the ...

Cyprus looks to its past for economic reboot
As it grapples with the prospect of years of economic pain, Cyprus will try to draw strength from its not-so-distant experience of invasion — and the ...

Cypriots anxious as banks reopen with limits
Anxious Cypriots patiently waited in long lines to get at their accounts on Thursday after banks opened for the first time in nearly two weeks, ...
Cyprus court sentences Hezbollah man to 4 years
A Cyprus court has sentenced an admitted Hezbollah member to four years in prison after he was convicted of helping plan attacks against Israelis on ...
Cyprus president cuts own salary by a quarter
Cyprus' president has cut his salary by a quarter in a show of solidarity with ordinary Cypriots feeling the effects of the country's severe financial ...

Cyprus: cash withdrawals capped at 300 euros
Banks in Cyprus are to open for the first time in more than a week on Thursday, operating for six hours from noon (10:00 GMT), but restrictions will ...

Turkish Cypriots: Crisis could delay settlement
Cyprus' financial woes may further delay prospects for a settlement to the island's nearly 40-year ethnic division, the leader of the breakaway ...
ECB, Eurogroup at odds over Cyprus rescue as model
Europe's leading institutions clashed in a rare sign of public discord Tuesday over what shape future financial rescues will take following the ...

Cyprus businesses hurt as banks stay shut
Cypriot businesses were under increasing strain to keep running on Tuesday after financial authorities stretched the country's bank closure into a ...

Piraeus to pay $678 million for Cypriot bank units
Greece's Piraeus Bank reached an agreement Tuesday to buy the Greek operations of three Cypriot banks for 524 million euros ($678 million), as stock ...

Cyprus' banks to remain closed until Thursday
Cyprus ordered banks to remain closed for two more days over fears of a run by customers trying to get their money out, after striking a pre-dawn ...

Top EU official: Cyprus bank rescue new template
Inflicting losses on banks' shareholders, bondholders and even large depositors should become the 17-country eurozone's default approach for dealing ...

Trouble from Cyprus deal could linger for eurozone
European leaders may have saved Cyprus from imminent financial collapse when they clinched a last-minute deal in the early hours of Monday morning.

A look at the eurozone's 5 bailouts
Cyprus' bailout deal is the fifth agreed on so far in the 17-strong group of European Union countries that use the euro since the debt crisis began ...

Cyprus secures bailout, avoids bankruptcy
Cyprus secured a 10 billion euro ($13 billion) package of rescue loans in tense, last-ditch negotiations early Monday, saving the country from a ...
Assailants try to set fire to Cyprus bank branch
Cyprus' state-run news agency says a powerful firecracker went off inside a branch of the country's largest lender, the Bank of Cyprus. The Cyprus ...

Cyprus imposes 100 euro limit on ATMs of 2 banks
Cyprus' central bank has imposed a daily withdrawal limit of 100 euros ($130) from ATMs of the country's two largest lenders, Bank of Cyprus and ...