Cyprus banking system
Cyprus
Cyprus Keeps Schtum on Pre-Haircut Bank Transfers
Cyprus will not yet be revealing the identities of individuals and companies that transferred money off the island in the days leading up to last year's bail-in of bank depositors, the parliamentary House Ethics Committee declared Thursday.
The committee decided...
Cyprus
Christofias Blames Banks for Bailout
President Demetris Christofias on Tuesday blamed "criminal" action by Greek-exposed banks for Cyprus having to accept painful bailout terms for EU aid.
In a move to calm growing unrest over job losses and pay cuts, Christofias addressed the nation on...