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Showing posts with label Cyprus. Show all posts
Showing posts with label Cyprus. Show all posts

Tuesday, January 06, 2015

Cyprus plans two international debt issues in 2015: finance minister

(Reuters) - Cyprus plans two international debt issues this year, its finance minister said on Monday, seeking a firmer footing in markets after a near meltdown in 2013.

Sunday, September 15, 2013

Bailouts still key issue as eurozone finance ministers meet

Eurozone finance ministers meet in calmer times Friday but still need to ensure bailed-out member states meet their targets amid growing speculation some will need more help to get back on track.

Thursday, August 01, 2013

First bailout assessment positive: Cyprus FM Haris Georgiades

NICOSIA: Cyprus' finance minister says that a first assessment by the country's international creditors on whether it is adhering to the terms of its financial rescue is positive.

Wednesday, May 01, 2013

Cyprus parliament readies for bailout vote

NICOSIA: Cyprus' lawmakers are voting Tuesday on a multi-billion bailout agreement aimed at preventing the country from going bankrupt.

Tuesday, April 30, 2013

European Union considers protecting savers against future bank collapses

BRUSSELS: Depositors should be the very last to suffer losses when a bank collapses, according to a proposal being discussed by European Union countries and seen by Reuters, which would shield savers from the kind of losses they face in Cyprus.

Friday, April 12, 2013

Cyprus reports sharp cut in size of banking sector

NICOSIA/CYPRUS: A draft bailout document between Cyprus and its international creditors shows that the size of the country's banking sector has been sharply reduced since the country's rescue package was agreed last month.

Thursday, April 11, 2013

OECD warns Slovenian banks on volume of bad debts

LJUBLJANA: The OECD sounded the alarm Tuesday over the huge volume of bad debts strangling Slovenian banks but said that there was no immediate prospect of the country becoming the latest eurozone member after Cyprus to need a bailout.

Tuesday, March 26, 2013

U.S. backs Cyprus protection for insured depositors

WASHINGTON (Reuters) - The U.S. Treasury Department said Cyprus' last-ditch agreement withinternational lenders could help avert an economic meltdown, adding that it protects insured depositors and shutters troubled banks.

Sunday, March 17, 2013

Cyprus Bank Deposits to Be Taxed in $13 Billion Bailout

Euro-area finance ministers agreed to an unprecedented tax on Cypriot bank deposits as officials unveiled a 10 billion-euro ($13 billion) rescue plan for the country, the fifth since Europe’s debt crisis broke out in 2009.

Wednesday, March 06, 2013

EU ministers discuss Cyprus bailout, bank rescues

BRUSSELS (AP) — European Union finance ministers were discussing Monday how to fund a long-delayed bailout for Cyprus, which creditor nations want to commit to tougher conditions, and get a region-wide bank rescue fund working.

Tuesday, December 18, 2012

Cyprus could default on loan payments due this month

NICOSIA: Cyprus could default on loan payments due this month unless it can reach an agreement on a bailout with international lenders within days, a government official said on Monday.