Banks in Cyprus remain closed despite a bailout deal the country's newly elected government signed with international creditors. Protests have followed the agreement which called for Popular Bank, the country's second biggest bank, to be closed d...

Democracy Now takes a look at the stunning Cyprus deal that allows money to be to "snatched" from depositors' bank accounts, in the words of Prof. Richard Wolff. In exchange for a $13 billion Eurozone bailout, all bank deposits above $130,000 will...

A last-minute deal on a bailout for Cyprus' crippled banks has been reached, but could cost depositors with more than $130,000 in savings in the nation's staggering Laiki Bank up to 40 percent of their deposits. Laiki is being wound down so that t...

As the Cypriot leader meets with eurozone finance ministers for last-ditch talks to secure a 10 billion euro bailout, a pervading sense of gloom has affected the mood throughout the country. Cypriots are still reeling from shock over the dire situ...

As officials in the EU and Russia debate the fate of their economy, people in Cyprus are wondering what hit them, Euronews finds. The crisis caused by an inflated financial sector has left them scrambling to save what cash they can before a potent...

In Cyprus, banks are set to stay closed all week: until next Tuesday in fact, as the hunt continues for a bailout which Cypriots will accept, to stave off bankruptcy.

Cypriot ministers voted down a proposed levy on the island's bank deposits as part of a bailout arrangement, delighting protesters gathered outside, but shaking up the Eurozone."We are a strong example, not only for this country, but for&nbsp...

Cypriots are holding their breath for a make or break bailout decision amid warnings of a slide into bankruptcy or crash out of the euro. Cyprus has postponed a vote on a planned one-off tax on depositors' savings accounts central to a eurozone ...

Cypriots are furious with government plans to take some of their savings to part-fund a bailout of the country's banks. The EU and IMF are lending 13 billion dollars to Cyprus and insist ordinary Cypriots must contribute to the bailout.

Last month's Italian election left the country deadlocked between three factions vying for power. Analysts fear that the political crisis on top of the country's economic crisis could leave it unable to service its debt, dealing what could be the ...