Cypriot Banking Crisis (2013)

NEW YORK (Reuters) - Global equity markets slipped on Friday on worries that the U.S. Federal Reserve may curtail its stimulus measures, while the dollar recovered against the euro to trade almost flat after better-than-expected U.S. durable goods data...

NEW YORK (Reuters) - The dollar rose against the euro on Friday, recovering from an early swoon after better-than-expected U.S. durable goods data for April eased investor concerns about the U.S. economy. Durable goods orders, which range from toasters...

FRANKFURT, Germany (AP) — European Central Bank President Mario Draghi said it was "imperative" that Europe's leaders create a new agency with powers to restructure busted banks in order to help the region leave its economic and financial crisis...

NICOSIA (Reuters) - Cyprus faces substantial risks to its economic outlook and a forecast recession could be deeper than forecast, its central bank governor said in a prepared speech on Wednesday. The island state, which narrowly averted financial...

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 should be involved. Here is a look at the key institutions involved in Europe's economic policymaking:...

NICOSIA (Reuters) - The IMF said on Friday that risks for Cyprus were "unusually high" given its weak banking sector and economy and the island's full adoption of an economic austerity plan was imperative. The island's 17.5 billion euro economy faced...

WASHINGTON (AP) — The International Monetary Fund said Friday that substantial risks still loom for the Cypriot economy even after a multi-billion dollar international bailout aimed at averting a debt default. A new IMF report predicted a deep...

WASHINGTON, May 16 (Reuters) - Turkish Prime Minister Tayyip Erdogan said on Thursday he saw a good opportunity for progress towards ending the division of Cyprus, a move that could further the exploitation of natural gas and oil in the eastern...

* Fears grow over banks addicted to ECB support * ECB could use bank supervisor insight to target weaklings * Move could see banks cut off from Frankfurt's lifeline By John O'Donnell BRUSSELS, May 17 (Reuters) - The European Central Bank could use its...

MADRID/LONDON, May 14 (Reuters/IFR) - Spain's government and some of its top firms tapped into rising interest among domestic and foreign investors for bonds from weaker euro zone economies on Tuesday, issuing bumper levels of debt at sharply lower rates....

NICOSIA (Reuters) - Cyprus must swiftly recapitalize its banks following the island's bailout so they can begin lending again, the head of its banking association said, adding that offshore gas could be the economy's new engine. Under the 10 billon...