The government should install a special tax on capital gains from bank deposits to finance the restructuring of its banking sector, Central Bank Governor Panicos Demetriades was quoted as saying. "Taxing 10%
Minister of Finance Michalis Sarris has dismissed once again the possibility of a haircut on bank deposits in Cyprus, stressing that the issue is not on the table of negotiations with the
Vice President of the European Commission, Olli Rehn, has said that the Troika works for the achievement of an agreement on a Cyprus bailout in March. In statements Tuesday to the press
Venezuelans mourned the death of Hugo Chavez and prepared on Wednesday for his body to lie in state as attention turns to a new election to succeed the socialist leader after
Euro zone finance ministers pledged on Monday to agree a bailout for Cyprus by the end of March, but details of how the rescue will be financed are yet to be sorted
A Greek court sentenced a former defence minister to eight years in prison on Monday for failing to disclose the source of lavish wealth that made him a symbol of the corruption
Britain's Queen Elizabeth left hospital on Monday a day after being admitted with symptoms of gastroenteritis, looking well and smiling as she walked to a waiting limousine. The 86-year-old monarch, wearing a
– Ministers meet to discuss Cyprus, no decision until late March – Around 1.6 bln euros left Cyprus in Jan. after talk of depositor losses – New Cypriot finance minister to present options
About 100 homes were evacuated in Northern Ireland's second city Londonderry on Monday after four mortar bombs were found in a van in a residential area of the city, police said. A
EU Economic and Monetary Affairs Commissioner Olli Rehn warned on Sunday against a Cypriot exit from the eurozone and said all countries in the single currency bloc were systemically important. "Even if
