Cyprus
Downgrades and rescues dent euro-area bank confidence
Moody's yesterday downgraded 16 Spanish banks, having downgraded 26 Italian banks on May 14.
EUNew Greek elections may spark euro exit and contagion
President Karolos Papoulias said yesterday that talks to form a coalition had failed and that the...
GreeceMediterranean gas reserves could promote Cyprus deal
The Turkish government has approved oil and gas exploration by state oil company Turkish...
TurkeyNew Cyprus central banker will change policy bias
President Demetris Christofias has not renewed the term of Central Bank Governor Athanasios...
CyprusEconomic mismanagement may make Cyprus seek EU bailout
New finance and commerce ministers were sworn in on Friday. They take office at a time when...
CyprusEuro-area downgrades will accelerate new bailout fund
Credit rating agency S&P on Friday downgraded nine euro-area members.
EUS&P downgrade warning will hurt euro-area bailout fund
S&P yesterday put on watch for a downgrade 15 of the 17 euro-area member countries, sparing only...
EUCyprus president refuses to budge after Mari slating
The three main opposition parties yesterday called on Christofias to resign, following the...
Cyprus
