EU Lawmakers Blast Eurozone Over Cyprus

The European Parliament has heavily criticized Eurozone officials for crafting a plan to confiscate bank deposits of Cypriots to make them pay for an...

Piraeus Bank Says Recap Plan Ok’d

With Greek banks on the ropes and awaiting an injection of 50 billion euros ($65 billion) in state funds, the country's second-largest lender, Piraeus...

Cyprus Bailout Could Cost $11.8 Billion

As Cypriots headed to the polls on Feb. 24 to elect a new President in a run-off between the frontrunner, Conservative Nicos Anastasiades and...

Anastasiades Wants Greek Bailout Too

Awaiting a 10 billion euros ($13 billion) rescue package from international lenders, new Cypriot President Nicos Anastasiades was in Athens on March 31 looking...

Greece Asks EU Help To Catch Tax Cheats

Conceding that Greece can’t deal with tax cheats alone, the government is going to bring in tax experts and analysts from other European countries...

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