New York-based hedge fund Greylock Capital has sold most of its Cypriot government bond holdings and may dump the rest, its founder said on Wednesday, as the state of talks between the
President of the European Council Herman Van Rompuy spoke Wednesday of the need to find a solution for the economic crisis in Cyprus, stressing that the uncertainty is highly damaging, especially for
A decision on a Cyprus rescue must be made on Thursday at the latest, Cyprus President Nicos Anastasiades was quoted as saying, on Wednesday evening, leaving the Presidential Palace. A series of
Banks in Cyprus will remain closed on Thursday and Friday as the euro zone country tries to avoid a financial meltdown having rejected the harsh terms of a European Union bailout that
Cyprus sent two of its key cabinet ministers to Moscow to broker a fresh rescue deal, but have so far had little success as Russian depositors fear been victimised in a “bail
Banks in Greece seem prepared to take over the Greek branches of Cypriot lenders, Finance Minister Yannis Stournaras said on Wednesday, confirming earlier reports that Alpha Bank and Piraeus Bank were close
Making his first official visit to Israel, U.S. President Barack Obama pledged on Wednesday enduring support for the Jewish State, where concern over a nuclear-armed Iran has clouded U.S.-Israeli relations. He also
Greece is close to completing a deal for a Greek takeover of the local units of Cypriot banks, after at least two of the country's biggest lenders showed interest – Alpha Bank
– Fekter: ESM, ECB cannot allow bottomless pit for Cyprus – Banks closed Friday would be worse than current scenario – Germany, IMF, Austria would have preferred debt haircut The European Central
Cypriot Finance Minister Michael Sarris said that Cyprus and Russia did not reach a decision on a loan from Moscow during talks on Wednesday. "We had a very honest discussion, we've underscored
