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Cyprus locked in tense talks with international lenders
ATHENS -- Officials from Cyprus and international lenders were locked in long and tortuous talks Sunday, trying to strike a deal on a rescue plan that would keep the island’s failing banks from collapsing while maintaining membership in Europe&...
Tags: International Monetary Fund, Nicos Anastasiades, Cypriot Banking Crisis (2013), Bankruptcy, Nicosia (Cyprus)
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Cyprus faces Monday deadline to find $7.5 billion
ATHENS -- The clock began ticking for Cyprus on Thursday when the European Central Bank warned the beleaguered country that it had until Monday to find $7.5 billion needed to qualify for a financial bailout. The stern ultimatum that the European Central...Tags: Cypriot Banking Crisis (2013), European Parliament, Moscow (Russia), Nicosia (Cyprus), Dmitry Medvedev
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Cyprus, creditors reach draft deal for avoiding economic collapse
ATHENS — After hours of tortuous threats and talks, Cyprus reached a draft deal with its international lenders Monday to keep the island’s failing banks from collapsing and its economy anchored to Europe’s single currency....Tags: International Monetary Fund, Cypriot Banking Crisis (2013), Nicos Anastasiades, Nicosia (Cyprus), European Union
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MarksJarvis: Cyprus crisis keeps investors on edge
We've been here before. It's a weekend reminiscent of the jittery past year. Investors are on edge as they gaze at political leaders across the Atlantic for assurances they will extend a last-minute bailout to a struggling European country and...Tags: Cypriot Banking Crisis (2013), Mario Draghi, Citigroup Incorporated, European Union, Economy, Business and Finance
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Fed stands by stimulus, sees stronger US economy
WASHINGTON (AP) — The Federal Reserve isn't yet convinced that the U.S. economy's growth can accelerate without the Fed's drive to keep borrowing costs at record lows. It wants to see sustained improvement. That was the message Fed officials...
Tags: Ben Bernanke, Stock Market, Labor Markets, Career and Workplace, Congressional Budget Office
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Cyprus scrambles to put together bailout package
ATHENS -- Racing against time and short on choices, Cyprus on Friday moved to vote on yet another bailout formula its government cobbled together to secure a $13-billion international lifeline that will keep its weak banks afloat and avert a devastating...
Tags: International Monetary Fund, Elections, Cypriot Banking Crisis (2013), Nicos Anastasiades, European Union
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10 Things to Know for Today
Your daily look at late-breaking news, upcoming events and the stories that will be talked about today: 1. OBAMA HEADS TO WEST BANK The president is meeting with Abbas about the peace process, as rockets were launched into Israel today. 2. WHAT...Tags: Jimmy Fallon, American Academy of Pediatrics, Chubby Checker, NBC (tv network), European Central Bank
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The Cyprus confusion
WASHINGTON -- Logically, what happens in Cyprus should stay in Cyprus. With a population of just over 1 million and an economy that's a mere 0.2 percent of the 17-nation eurozone, the country seems too small to matter on the world stage. Yet, that's where...Tags: International Monetary Fund, Cypriot Banking Crisis (2013), American Enterprise Institute, Federal Bailout Funds, Economy, Business and Finance
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Could tiny Cyprus trigger collapse of the Eurozone?
It’s being marketed as a one-time tax -- a civic donation to the nation’s financial stability. But the people of Cyprus know it by another name: expropriation. A government plan to siphon as much as 10% from individual bank deposits to co-...
Tags: International Monetary Fund, Elections, Cypriot Banking Crisis (2013), Nicos Anastasiades, Mario Draghi
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Cyprus seeks compromise in banking dispute
ATHENS -- Scrambling to stave off a chaotic government default and exit from Europe’s single currency club, Cyprus’ beleaguered government on Tuesday proposed a revised plan to shield small account holders from a divisive tax on bank accounts,...
Tags: Elections, International Monetary Fund, Cypriot Banking Crisis (2013), Government, Nicosia (Cyprus)
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Lawmakers in Cyprus reject tax on bank accounts
ATHENS -- Lawmakers in Cyprus on Tuesday voted against a bailout plan that officials had hoped would stave off a chaotic government default and keep the island republic part of Europe's single-currency system. In a resounding rejection, not a single one...
Tags: International Monetary Fund, Elections, Cypriot Banking Crisis (2013), Government, Politics
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Cyprus lawmakers delay emergency vote on bank-deposit tax
This post has been updated. See the note below for details.ATHENS -- Lawmakers in Cyprus are scheduled to hold an emergency vote Monday on whether savers on the Mediterranean island will pay a levy of up to nearly 10% on bank deposits as part of a controversial international bailout plan that has enraged...Tags: Elections, Politics, European Debt Crisis, Economy, Business and Finance, Vladimir Putin
Mar 24, 2013
|Story| Los Angeles Times
Mar 21, 2013
|Story| Los Angeles Times
Mar 24, 2013
|Story| Los Angeles Times
Mar 24, 2013
|Column| Chicago Tribune
Mar 22, 2013
|Story| Petoskey News
Mar 22, 2013
|Story| Los Angeles Times
Mar 21, 2013
|Story| Aberdeen News
Mar 20, 2013
|Column| Orlando Sentinel
Mar 20, 2013
|Story| Los Angeles Times
Mar 19, 2013
|Story| Los Angeles Times
Mar 19, 2013
|Story| Los Angeles Times
Mar 18, 2013
|Story| Los Angeles Times
Original site for Cyprus topic gallery.