Cyprus, Troika agree to 20% tax on deposits over 100,000 euros at Bank of Cyprus
EEV: Need 2n confirmation. This is the first story in Published time: March 23, 2013 18:31 Edited time: March 23, 2013 19:20 Bank workers shout slogans during a…
Tense in Cyprus, National Guard burns German Flags
Friday, 22 March 2013 Cypriot national guard soldiers have removed German flags from two building and burn them. The buildings housed German soldiers who are engaged in UN peace mission…
Cyprus considers taxing a quarter of big deposits at largest bank as president prepares to fly to Brussels to discuss eurozone bailout
Finance minister says 'significat progress' is being made with proposals expected as early as this evening Charlotte McDonald-Gibson, Nathalie Savaricas, Steve Anderson Saturday, 23 March 2013 Cyprus MPs are looking…
Europeans set up financial blockade of Cyprus
Photo: EPA Jacques Sapir, PhD in economics, head of the Center for Studies of the Modes of Industrialization at the French Institute of Social Sciences, one of the leading French…
Cyprus Keeps Banks Closed indefinitely
Friday, 22 March 2013 Russia rebuffed Cypriot entreaties for aid on Friday, leaving the island's increasingly isolated leaders scrambling to strike a bailout deal with the European…
Cyprus allows capital controls, creates “solidarity fund”
Photo: EPA Cyprus MPs approved a bill Friday night, granting the government the right to restrict withdrawals from bank accounts in exceptional cases. The parliament in Cyprus also approved a…
EuroGroup insists Cyprus must tax deposits
Photo: EPA The EuroGroup has rejected the Cypriot plan to raise billions of euros for addressing debt problems by nationalizing pension funds and issuing bonds backed by the promise of…
Cyprus rescue in chaos as MPs reject bail-out
Nation could face bankruptcy within weeks after terms of £10bn package are voted down Charlotte McDonald-Gibson, Nathalie Savaricas Tuesday, 19 March 2013 Cyprus stood on the brink of bankruptcy tonight…
New EU Plan: Steal Bank Accounts from people
Monday, 18 March 2013 The surprise decision by euro zone leaders to part-fund a bailout of Cyprus by taxing bank deposits sent shockwaves through financial markets on Monday, with…
Frantic day ahead as EU tells Cyprus it can rethink controversial bailout terms as key vote postponed
Cyprus postpones crucial vote on controversial bank deposit levy as stocks plummet around the world John Hall, Charlotte McDonald-Gibson, Nathalie Savaricas Monday, 18 March 2013 German and European bank officials…
Cyprus savings levy: questions and answers : Levy will be on Average Balance, withdrawing money will not save you
All the issues, causes and consequences of a forced levy on savers at Cypriot banks as part of the eurozone rescue package Graeme Wearden guardian.co.uk, Sunday 17 March 2013…
‘They took our money while we were sleeping’ WITH VIDEO
By Peter Stevenson Published on March 17, 2013 [youtube http://www.youtube.com/watch?v=MCKZDdG6oAc] THE AIR of disappointment and rage on Ledra Street yesterday morning was almost tangible with groups of middle-aged men gathering…
Cyprus Bail-Out Unfair, short-sighted and self-defeating: Will anyone ever put their savings in a Eurozone Bank again ?
Unfair, short-sighted and self-defeating Mar 16th 2013, 14:54 by A.P. IT IS not a fudge, but it is still a failure. The euro zone’s bail-out of Cyprus, which was sealed…
Spain protesters accuse EU of servility to markets
16 Mar 2013 MADRID (AFP) Thousands of protesters marched Saturday in Madrid and other cities in Spain against European Union leaders' handling of the financial crisis, condemning "an EU that…
A look at Cyprus’ decision to tax depositors : Euro and the IMF resorts to absolute theft
By SARAH DiLORENZO AP Business WriterAssociated Press Posted: 03/16/2013 09:16:15 AM PDT March 16, 2013 7:15 PM GMTUpdated: 03/16/2013 12:15:23 PM PDT PARIS—People with bank accounts in Cyprus…
Cyprus people ‘shocked’ with bailout terms: EuroGroup wants to tax Bank Deposits
Please refer to Update: Latest Update: It is apparent that Reuters is running a similar story that is there is no run on the banks, and foreigners accounts are safe.…
Italy’s Pier luigi Bersani vowed to break free of the country’s austerity regime
Italy’s Bersani on collision course with Germany and ECB over austerity Italy’s Pier luigi Bersani vowed to break free of the country’s austerity regime as he laid out plans for…
Anger builds in Italy as old guard plots fresh technocrat take-over : Will risk Revolution
Italy’s president Giorgio Napolitano is exploring the creation of a second technocrat government to break the political log-jam and calm markets after key parties failed to reach an accord, risking…
Hundreds of thousands march against austerity in Portugal
02 Mar 2013 LISBON (AFP) Hundreds of thousands of people took to the streets of Lisbon and other Portuguese cities Saturday to protest against the government's austerity measures aimed at rescuing…
Greece’s blowout sale : Police, Airports, Beaches, Islands, Water, Sewage All for Sale at Basement prices
Nikolia Apostolou and Marina RigouJanuary 18, 2013 06:00 Some say privatization may prove to be the Greek government's best option, but who will pay the price? ATHENS, Greece — Straddled…
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