BrainKing - Pers monitoren (Cyprus)

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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 ...

Wed, 22 May 2013 02:49:57 -0700

An independent Scotland is at risk of a Cyprus-style banking crisis, as its banking sector would be "exceptionally large" compared to the size of its economy, a U.K. government report has said....

Mon, 20 May 2013 01:59:22 -0700

By Michele Kambas 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 euro international aid package agreed in March, Cyprus must close one bank, Popular , and impose painful losses on deposits of more ...

Tue, 14 May 2013 05:35:25 -0700

Cyprus may presell the country's offshore natural gas reserves to raise cash quickly and pull it out of its deep financial crisis, the country's finance minister said Thursday. Harris Georgiades said the ...

Thu, 16 May 2013 12:24:16 -0700

An independent Scotland is at risk of a Cyprus-style banking crisis, as its banking sector would be "exceptionally large."

Mon, 20 May 2013 02:21:41 -0700

HELSINKI/NICOSIA (Reuters) - Cyprus's banking system, which is being restructured under an international bailout, is more vulnerable to money laundering than previously thought, a report commissioned as ...

Wed, 15 May 2013 12:10:57 -0700

Cyprus’s attempts to stop money laundering, required as part of a 10 billion-euro ($12.9 billion) international rescue, have “systemic deficiencies,” according to a report by Deloitte Financial Advisory Srl.

Wed, 15 May 2013 08:50:08 -0700

NICOSIA, Cyprus (AP) — Cyprus on Friday got rid of limits on money transfers and withdrawals for international clients of another eight foreign banks doing business in the debt-laden country.

Fri, 17 May 2013 13:02:35 -0700

Correction: Cyprus-Breaking Barriers story

Tue, 21 May 2013 02:39:10 -0700

When the Cyprus bank run began earlier this year, Russians set much of the pace. Documents seen by Reuters show that as the Mediterranean island headed towards financial meltdown in March, most notable ...

Wed, 15 May 2013 01:09:37 -0700