Concerns about Cyprus were clearly evident at an auction of German government bonds, seen as a European safe haven. The sale of 3.36 billion euros in new 10-year securities drew strong demand and sold at an average yield of 1.36 percent, the lowest
Even as the euro zone stands firm, markets have embraced the view that Cyprus will strike a deal.
Cyprus Finance Minister and top bankers are in Moscow searching financial help after the EU proposal implying private savings levy was rejected by parliament.
WASHINGTON -- Logically, what happens in Cyprus should stay in Cyprus. With a population of just over 1 million and an economy that's a mere 0.2 percent of the 17-nation eurozone, the country seems too small to matter on
If the lawmakers want to reject the Eurogroup's plan, they know what they must do.
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