Big Blow For Cypriot Depositors

- July 4, 2014

Bank of Cypriot major shareholders, who lost 47.5 percent of their deposits last year, are set to take another whack in a stock sale.

Cyprus Says Banks Pass Stress Test

- June 26, 2014

Cyprus’ central bank chief said on June 26 that she expects the bailed-out country’s top banks to pass European tests gauging their health.

Cyprus Bounces Back With Bond

- June 19, 2014

Cyprus has returned to international markets after raising 750 million euros with its first public issue of bonds since last year’s bailout saved it from bankruptcy.

Cyprus Back To The Markets

- June 18, 2014

Only 15 months after needing an international bailout and losing one of its banks, Cyprus is poised to return to the bond markets on June 18.

Cyprus Readies Surprise Market Return

- June 11, 2014

After asking international lenders for a 10 billion euro bailout to keep its economy from collapsing, Cyprus is getting ready for a bond market issue.

Russia Sanctions Could Crush Cyprus

- June 4, 2014

European Union sanctions against Russia for annexing Crimea in Ukraine have hurt Cyprus, but the island country could face irrecoverable damage if more are applied.

Cyprus Ends All Capital Controls

- May 31, 2014

Cyprus on May 30 formally eliminated all domestic restrictions on money transfers, a watershed for the bailed-out country’s recovering banking system.

Cyprus Bank Deposits Rise Again

- May 30, 2014

Bank deposits in bailed-out Cyprus last month rose for the first time in over a year, signaling a slow return of confidence in the country’s wobbly banking sector.

Cypriots Sue Over Bank Seizures

- May 27, 2014

Cypriots who lost nearly half of their bank deposits over 100,000 euros as part of a government bailout deal with international lenders are suing to get their money back.