European Debt Crisis
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Does Cyprus' tax vote mean an exit from euro?
Mar 19, 2013
A vote in Cyprus could determine the fate of the country's proposed savings account tax, and Cyprus' future in the eurozone. But as much as Cypriots care, so do Russians and Germans.
Sheila Bair: Cyprus deposit tax unlawful, destabilizing
Mar 19, 2013
Sheila Bair, former chair of the U.S. Federal Deposit Insurance Corporation, shares her views on the Cyrpriot bailout plan and whether such a levy could ever happen to U.S. depositors.
Anger and shock sweep Cyprus
by
Kai Ryssdal
Mar 18, 2013
One retired Cyprus resident shares his dismay over news that the Cypriot government could take a percentage of regular deposits in the bank.
Cyprus bank customers asked to help bail out banks
Mar 18, 2013
Anyone with cash in a bank account in Cyprus could lose up to 10 percent of it, as a one off tax to help fund a bank bailout.
How much would your savings account be taxed in Cyprus?
Mar 18, 2013
Cyprus and European regulators announced over the weekend a new plan to tax the country's savings accounts to solve the country's debt crisis. Everyone with a savings account would pay some tax, but those with extra large savings accounts (over $130,000 in the bank) would get hit with a super-sized tax bill. Find out what you would pay, if you had a bank account in Cyprus, with our simple calculator.
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Cyprus bailout tax causes alarm around the world
Mar 18, 2013
Julia Coronado, chief economist with the investment bank BNP Paribas, explains how the situation in Cyprus is rippling out to other economies around the world.
Cyprus bailout: Depositors face tax, hurry to withdraw cash
Mar 18, 2013
Financial markets in Asia and Europe fell sharply today thanks to the unusual terms of the EU bailout of Cyprus. A tax of up to 10 percent on bank deposits in Cyprus was proposed to defray some of the cost of the bailout.
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5 things you need to know about Cyprus' economy
by
Katie Long
Mar 18, 2013
As Cyprus debates a controversial bailout plan to tax savings accounts, here are the five things you need to know about Cyprus, its economy, and why it is important to the global economic recovery.
In Cyprus bailout, what's Russia got to do with it?
Mar 15, 2013
European finance ministers are meeting in Brussels today, and at the top of their agenda is Cyprus. The small Mediterranean island nation, which has 850,000 people, is in desperate need of a bailout.
Uncertainty in Italy radiates to eurozone
Feb 26, 2013
Poll results in Italy show power is split between a number of parties, including one led by former Italian Prime Minister, Silvio Berlusconi.