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Latvia is not obliged to accept the Russian capital from Cyprus
26.03.2013

Latvia is not obliged to accept the Russian capital from Cyprus

Latvian authorities received warnings from the European Central Bank that the country has not hosted departing from Cyprus Russian money, said Tuesday the Baltic media quoted informed sources.

Head of Bank of Cyprus resigned
26.03.2013

Head of Bank of Cyprus resigned

Head of the largest in the island nation of Cyprus Bank Bank of Cyprus Andreas Artemis previously urges the authorities to take immediate tax on deposits, on the background of the planned restructuring of the banking sector in the country has resigned, according to the Western media.

American opinion: Saving Cyprus - Russian failure
26.03.2013

American opinion: Saving Cyprus - Russian failure

Cyprus and the European Union reached an agreement about this tiny and located in a difficult situation of the eurozone economy.

Why was it so hard to save Cypriot investors
26.03.2013

Why was it so hard to save Cypriot investors

It seems that the European Union took as a motto saying Churchill United States: "In the end, having tried all other options, the United States always find the right solution."

Paul Krugman Blues "hot" money
26.03.2013

Paul Krugman Blues "hot" money

Whatever the outcome of the crisis in Cyprus - we know that it will be disappointing, but not sure what kind of form it will take - one seems certain

Ratings Cypriot banks downgraded to default levels
26.03.2013

Ratings Cypriot banks downgraded to default levels

International rating agency Fitch Ratings has downgraded the ratings of the two largest banks in Cyprus to default levels after the agreement between the Cypriot authorities and the Eurogroup for financial assistance, reports RIA "Novosti" with reference to Fitch.

Cyprus is closed until Thursday
26.03.2013

Cyprus is closed until Thursday

Agreement on the rescue of Cyprus has not solved the country's problems

Eurogroup: The scheme will be the universal salvation of Cyprus
26.03.2013

Eurogroup: The scheme will be the universal salvation of Cyprus

The scheme to rescue banks in Cyprus at the expense of private investors will become a model for future aid packages in the euro area, said Minister of Finance of the Netherlands, Chairman of the Eurogroup Jeroen Deysselblum in an interview with Reuters and the Financial Times.

Banking system in Cyprus and other EU countries
26.03.2013

Banking system in Cyprus and other EU countries

Infographics ITAR-TASS. Diagrams illustrating the structure of the banking system of Cyprus and the EU countries, the share of foreign banks, the ratio of assets of foreign banks and countries' GDP.

Russian company reported "unresponsive" in Cyprus Drugs
26.03.2013

Russian company reported "unresponsive" in Cyprus Drugs

Russian authorities received complaints from companies that Cyprus "stuck" funds accumulated for transactions, said Tuesday the first Deputy Prime Minister Igor Shuvalov.

South of Europe lacks political culture
26.03.2013

South of Europe lacks political culture

The population of some European countries it accuses befallen Germany's economic problems.

Struggle for Europe's hard?
26.03.2013

Struggle for Europe's hard?

EU leaders deliberately brought down the banking system in Cyprus for the edification of other debtors

All banks in Cyprus to resume work on Thursday
26.03.2013

All banks in Cyprus to resume work on Thursday

Without exception, all banks in Cyprus will open on Thursday, 28 March, according to the Central Bank of the island nation.

The ECB will continue to provide liquidity to banks in Cyprus
26.03.2013

The ECB will continue to provide liquidity to banks in Cyprus

Earlier, the ECB stated that it would provide liquidity to the Cypriot banks 25 March if an agreement with creditors is reached.

Central Bank of Cyprus enters control over banking operations
26.03.2013

Central Bank of Cyprus enters control over banking operations

Cyprus government introduced temporary restrictions on the movement of capital and are going to open a criminal investigation into the causes of the banking crisis.

Bernanke: In the Eurozone, there was contradictory situation
26.03.2013

Bernanke: In the Eurozone, there was contradictory situation

In the eurozone, there was a contradictory situation - a position expressed by the head of the Federal Reserve Ben Bernanke. His words came during a conference in London, which also involved the head of the Bank of England, Mervyn King, reports Reuters.

Media: Cyprus banks are not open on Tuesday
26.03.2013

Media: Cyprus banks are not open on Tuesday

Cyprus banks begin to work on Tuesday, as reported earlier, the central bank of the country decided to open them on Thursday, the AP reported citing a statement by the Central Bank of Cyprus.

The Eurogroup will provide financial assistance to Cyprus
25.03.2013

The Eurogroup will provide financial assistance to Cyprus

Nicosia stops the activity of one of its major banks and imposes a tax on deposits over 100 thousand euros.

The axis of Obama-Merkel-Lagarde. Treasure Island
25.03.2013

Axis Obama and Merkel-Lagarde. Treasure Island "merges" Russian

President Obama is trying to apply in the case of Cyprus "Icelandic Model": small investors remain safe, rich pay for the collapse, says Federico Rampini in an article published in the newspaper La Repubblica.

Cyprus - a prelude to the event X
25.03.2013

Cyprus - a prelude to the event X

The Cyprus problem has received much more media attention than it deserves, and perhaps the hype around Cyprus is a smokescreen for another much more important events which we will be in the coming months.

Battle for Cyprus. As the leaves are falling "sovereign democracy"
25.03.2013

Battle for Cyprus. As the leaves are falling "sovereign democracy"

Cyprus crisis has led to a predictable post-Soviet capital requisition. Europe has decided to escape the expense of others. What this means?

Russia and Cyprus are to resume negotiations on the loan
25.03.2013

Russia and Cyprus are to resume negotiations on the loan

Moscow and Nicosia can resume negotiations on the restructuring of the Russian loan to Cyprus immediately after the vote of the Parliament of the island nation on financial assistance from the European Union, said Russian Finance Minister Anton Siluanov.

Take third
25.03.2013

Take third

New plan to help Cyprus greatly facilitate pockets Russian depositors

EU banks are struggling in an attempt to lure the Russian from Cyprus
25.03.2013

EU banks are struggling in an attempt to lure the Russian from Cyprus

Dozens of calls from abroad hit the phone Cypriot businessman, owner of the shipping business, Theodore Mihina, a few days after the EU first proposed the idea of ​​a tax on the hapless depositors Cypriot banks, writes Financial Times.

The European Commission has decided to create advisory group on Cyprus
25.03.2013

The European Commission has decided to create advisory group on Cyprus

The European Commission has decided to establish a permanent advisory group on Cyprus, announced European Commission President Jose Manuel Barroso.

Barroso: prospects of the Cyprus economy are unpredictable
25.03.2013

Barroso: prospects of the Cyprus economy are unpredictable

Too early to talk about the possibility of rapid recovery of the economy of Cyprus, said European Commission President Jose Manuel Barroso.

"Daughter" VTB touches "tax" on deposits in Cyprus
25.03.2013

"Daughter" VTB touches "tax" on deposits in Cyprus

Deposits in the subsidiary bank VTB Cyprus - Russian commercial bank - will not be subjected to cancellation under the financial rescue plan of the island, said on Monday, a source close to the leadership of VTB.

Putin instructed to restructure the loan to Cyprus
25.03.2013

Putin instructed to restructure the loan to Cyprus

President Vladimir Putin instructed the government and the Ministry of Finance to work with Cypriot partners terms of restructuring the loan previously granted to Cyprus, said a spokesman for the president, Dmitry Peskov.

Cypriot banks are waiting for commands
25.03.2013

Cypriot banks are waiting for the command "Open Doors"

Cypriot banks are awaiting a decision of the Central Bank of the Republic, to open its doors to customers. Initially declared that the banks will open 26 March, but then it was announced the extension of bank holidays.

BRICS will help avoid a repeat of the Cyprus crisis
25.03.2013

BRICS will help avoid a repeat of the Cyprus crisis

Creating the Development Bank of the BRICS (Brazil, Russia, India, China, South Africa) will help to avoid a repeat of the crisis in Cyprus

Cyprus: Russian disappointed, but the relationship is not broken
25.03.2013

Cyprus: Russian disappointed, but the relationship is not broken

Cyprus Finance Minister Michalis Sarris said that relations between Russia and Cyprus remain, although Russia and disappointed "overhaul" of the financial system, which will lead to losses Russian investors.

Stopped purchasing offices of Cypriot banks in Greece
25.03.2013

Stopped purchasing offices of Cypriot banks in Greece

The procedure for purchasing Greek Piraeus Bank offices of Cypriot banks in Greece stopped. This was reported by the local media today.

Sarris said that Cyprus is no longer threatened by leaving the euro
25.03.2013

Sarris said that Cyprus is no longer threatened by leaving the euro

Cyprus Finance Minister Michalis Sarris said the agreement with the Eurogroup means that ended a period of uncertainty for the Cypriot economy and there is no danger of pulling out of the eurozone.

Football: Cyprus and Switzerland broke the world
25.03.2013

Football: Cyprus and Switzerland broke the world

The meeting took place at Saturday March 23 in Nicosia, at the stadium "GSP" reasoned opponents Manuel Graefe (Germany).

Laiki bank restructuring will 4,2 billion euros to help Cyprus
25.03.2013

Laiki bank restructuring will 4,2 billion euros to help Cyprus

Restructuring of the second largest bank in Cyprus Laiki bank will contribute to the financial aid the island nation in the amount of 4,2 billion euros, said the head of the Eurogroup Jeroen Deysselblum.

Oil rises after approval of financial assistance to Cyprus
25.03.2013

Oil rises after approval of financial assistance to Cyprus

Oil prices on world commodity markets on Monday, 25 March, rising against the backdrop of what Cyprus could agree on the terms for financial assistance with the "troika" of international creditors.

The Eurogroup has destroyed the economy of Cyprus offshore model
25.03.2013

The Eurogroup has destroyed the economy of Cyprus offshore model

Elimination of the second Bank of Cyprus - Cyprus Popular Bank (Laiki bank) and tough restructuring of the country's largest financial institutions - Bank of Cyprus were the main provisions of the anti-crisis plan for the island nation, which was approved during the night the Eurogroup meeting.

Eurogroup closes Cypriot bank
25.03.2013

Eurogroup closes Cypriot bank

Preliminary agreement on Cyprus approved the Eurogroup. The government of the island managed to keep the country's largest bank Bank of Cyprus, but it will have to go through restructuring, the second largest bank - Laiki - will be closed

The Third World in Cyprus: Russian crisis thrown into the breach
25.03.2013

The Third World in Cyprus: Russian crisis thrown into the breach

On Monday, all can start again from the Balkans. The official announcement that Russian money will be taken away and divided equally in Sarajevo shots 1914.

Eurogroup head suggested not to rely on € 5,8 billion
25.03.2013

Eurogroup head suggested not to rely on € 5,8 billion

Potential international lenders Cyprus is no longer guided by the figure of 5,8 billion euros of their own contribution to the island's financial aid program.