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European investors look beyond Cyprus storm 18 Mar 2013 | 07:28 pm
(Reuters) – European investors said a surprise bank tax in Cyprus was not a reason for a sustained market drop and some saw Monday’s weakness as an opportunity to buy stocks and the euro. The weekend ...
Wall Street falls as banks slide on European worries 18 Mar 2013 | 07:26 pm
(Reuters) – Stocks fell on Monday as a divisive bailout plan for Cyprus knocked bank stocks lower on the view that the plan’s tax on bank deposits could spread and threaten stability in the euro zone....
Russia wants future involvement on Cyprus after “dangerous” levy 18 Mar 2013 | 07:24 pm
(Reuters) – A lack of coordination with Russia in future on Cyprus could affect a decision by Moscow on restructuring its 2.5 billion euro ($3.3 billion) loan to the island, the Russian finance minist...
Euro, shares steady after shock Cyprus deal sparks losses 18 Mar 2013 | 07:22 pm
(Reuters) – The euro zone’s decision to part-fund a bailout of Cyprus by taxing bank deposits drove down shares, the euro and the bonds of its troubled sovereign debtors on Monday. Hopes that the tact...
C$ weaker as Cyprus deal pressures risk assets 18 Mar 2013 | 07:19 pm
(Reuters) – The Canadian dollar weakened against the U.S. dollar on Monday after a bailout plan for Cyprus, which will tax bank deposits in exchange for a 10 billion euro ($13 billion) bailout, sparke...
Euro slides to 3-mnth low vs dollar as Cyprus weighs 18 Mar 2013 | 07:13 pm
(Reuters) – The euro tumbled to a more than three-month low against the U.S. dollar and a roughly two-week trough versus the yen on Monday, as a bailout plan for Cyprus that will tax bank deposits spu...
Eurogroup to talk after Cyprus vote, if needed 18 Mar 2013 | 07:07 pm
(Reuters) – Eurogroup finance ministers will have contact if necessary, possibly via conference call, after the Cypriot parliament votes on a levy on depositors in the island’s banks, a euro zone sour...
IMF talks didn’t agree anything specific – Eqypt 18 Mar 2013 | 07:06 pm
(Reuters) – Talks between the Egyptian government and an International Monetary Fund official did not produce agreement on anything specific, but paved the way for the arrival of an IMF technical team...
Euro suffers as Cyprus bailout plan worries investors 18 Mar 2013 | 06:51 pm
(Reuters) – The euro fell sharply on Monday, hurt by news of a bailout plan for Cyprus that will tax bank deposits and which has raised fears of bank runs elsewhere in the euro zone. Euro zone finance...
Gold at 2-1/2 week high on Cyprus bailout deal 18 Mar 2013 | 06:47 pm
(Reuters) – Gold rose above $1,600 for the first time in more than two weeks on Monday as a radical bailout package for Cyprus threatened to trigger fresh turmoil in the euro zone, sending some invest...
