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Europe is pressuring Cyprus to offer new solutions to the island nation’s debt crisis after its parliament overwhelmingly rejected a bailout plan sanctioned by the country’s international lenders.The European Commission, [&helli ...
The Cypriot parliament has overwhelmingly rejected a bailout plan demanded by international lenders that would have taxed the savings accounts of depositors at the island nation’s banks. No lawmaker voted […]
The Cypriot president is predicting the island nation’s parliament will reject a bailout plan demanded by international lenders that calls for taxing the savings accounts of depositors at the country’s […]
Cyprus banks will remain closed until Thursday to prevent a run on accounts as the Mediterranean island nation considers imposing a first-ever bank deposit tax. The proposed bank levy has […]
Residents of Cyprus are angry their bank deposits are subject to a one-time tax levy as part of a bailout deal for the cash-strapped island. Eurozone finance ministers and the […]
Eurozone finance ministers and the International Monetary Fund have struck a deal to give cash-strapped Cyprus a bailout worth $13 billion to avoid bankruptcy. The deal was agreed upon early […]
