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Apr 3, 13 •
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Market Analysis •
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2013-04-03 06:00 GMT Cyprus FinMin steps down after finalizing bailout deal Cypriot finance minister Michael Sarris submitted his resignation on Tuesday, just after concluding bailout negotiations with Troika officials. Labor minister Haris Georgiadis has...
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Mar 28, 13 •
6604 Views •
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2013-03-28 06:10 GMT Capital controls in Cyprus to affect international transactions he Cypriot government has revealed the details of the capital controls it intends to impose on transfers before banks reopen on Thursday. The restrictions are aimed at...
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Mar 27, 13 •
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2013-03-27 06:24 GMT European Parliament considers bailing-in large depositors The euro dropped in the European afternoon on information from Reuters that the European Parliament would be inclined to bail-in big savers, who hold deposits of over 100,000 euros...
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Mar 26, 13 •
5519 Views •
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2013-03-26 06:19 GMT Cypriot central bank to meet tonight on capital controls In an effort to avoid the money's outflow, the Cypriot central bank will meet tonight in an extraordinary session to introduce capital restrictions according to the Cyprus'...
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Mar 25, 13 •
3175 Views •
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Eurogroup reaches agreement with Cypriot authorities Already finished Eurogroup and FMI press conference, attending IMF chief Christine Lagarde, Eurogroup Chairman Jeroen Dijsselbloem, EU's commissioner for economic affairs Olli Rehn, European Central...
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Mar 20, 13 •
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Cypriot levy rejected, European leaders weigh in Cyprus’s parliament rejected an unprecedented levy on bank deposits, rendering a blow to European plans of coercing depositors to shoulder part of the country’s rescue in a standoff that...
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Mar 19, 13 •
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2013-03-19 06:30 GMT Will Cyprus Bailout Set Tone for Trading this Week? The sharp sell-off in currencies and European equities overnight indicate that investors are shocked by Cyprus' bailout news as they should be since this would be the first time in...
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Feb 28, 13 •
4386 Views •
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MARKET OVERVIEW 2013-02-28 06:30 GMT Moody's: Euro zone debt markets vulnerable to further shocks Moody’s rating agency continues to warn Euro area countries that debt markets in the region remain vulnerable to further shocks to investor...
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Feb 27, 13 •
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MARKET OVERVIEW 2013-02-27 06:23 GMT Europe concerned with Italian election outcome The post election stalemate in Italy, where no political group secured a clear majority in parliament, is causing concerns among European officials and a stir in the...
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Feb 26, 13 •
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MARKET OVERVIEW 13-02-26 06:36 GMT Italians lead the country to ungovernability Italians are leading the country to the ungovernability, and after a neck-to-neck battle to take control over the lower house between the center-left Bersani's party...