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Europe News Cyprus


  • How to Play the 'Energy Revolution' Wednesday, 10 Apr 2013 | 7:28 PM ET

    Cramer highlights an energy company that he thinks is highly undervalued.

  • Cramer: Bulls Just Can't Be Stopped Wednesday, 10 Apr 2013 | 6:44 PM ET

    "As much as the bear can continue to create mayhem, the bull keeps finding answers," Cramer said.

  • The Big Lesson From Cyprus: ECB's Weidmann Sunday, 7 Apr 2013 | 3:45 AM ET
    Jens Weidmann

    The Cyprus bailout shows banks can be wound down despite difficulties, European Central Bank policymaker Jens Weidmann said in an interview on Sunday, adding the situation on the island had stabilized.

  • Draghi: 'Cyprus is Not a Template' Thursday, 4 Apr 2013 | 8:58 AM ET
    Draghi: 'Cyprus is Not a Template'

    Mario Draghi, president of the ECB, explains why Cyprus is not a template for the rest of the euro zone and says he's "sure" Jeroen Dijsselbloem was misunderstood.

  • Cramer: 3 Headwinds That Threaten Market Rally Thursday, 28 Mar 2013 | 5:25 PM ET

    When the second quarter begins Monday, Jim Cramer thinks these three things could hurt stocks.

  • Will Gold End the Second Quarter Higher or Lower? Thursday, 28 Mar 2013 | 11:47 AM ET

    Vote now in our poll!

  • Cyprus Controls to Hit Foreign Transactions Wednesday, 27 Mar 2013 | 10:58 AM ET

    Cyprus is to impose a ban on cashing checks and limit the amount of cash that can be taken out of the country, a Greek newspaper reported on Wednesday.

  • Is the Top In for Gold This Year? Tuesday, 26 Mar 2013 | 11:53 AM ET

    Vote now in our poll!

  • Pro: Never Let a Good Crisis Go to Waste Tuesday, 26 Mar 2013 | 11:00 AM ET
    Bank of Cyprus employees move demonstration from their headquarters to the Central Bank of Cyprus (the buildings are next door to each other).  They chanted "resign, resign, resign" - calling for the Governor of the Central Bank to step down.

    The market has made very tradable moves as we solve one problem and move to the next, trader Anthony Grisanti said.

  • Markets Jarred by Mixed Message From Europe Monday, 25 Mar 2013 | 3:14 PM ET
    Dutch Finance Minister Jeroen Dijsselbloem

    Global markets took a roller-coaster ride after a European official's comments sparked fear that the new normal in Europe will be hitting up a bank's own customers in a bailout.

  • Why the Cyprus Mess Will Hurt Market Stability Monday, 25 Mar 2013 | 12:49 PM ET
    Cypriot protesters hold signs denouncing the EU bailout of Cyprus.

    Even a good resolution of the Cyprus crisis may not be enough to undo the damage from interventions that are not based on clearly stated diagnoses or predictable frameworks for government actions.

  • Boris, Cyprus and the Curse of the Russian Rich Monday, 25 Mar 2013 | 12:02 PM ET
    Boris Berezovsky

    The Cyprus bailout and the death of Russian oligarch Boris Berezovksy this weekend might seem like entirely separate events. But they are deeply connected. And they share the same root tragedy: Call it the "The Oligarchs' Curse."

  • Morici: Cyprus Should Tell 'em Fahgettaboudit Monday, 25 Mar 2013 | 10:48 AM ET
    A demonstrator outside the Cypriot parliament in Nicosia, Cyprus

    Cyprus would be better off to leave the euro than accept the terms of the bailout imposed by the European Union, International Monetary Fund and European Central Bank.

  • ‘We Feel Like Crying’: Cypriots Lament Bailout Monday, 25 Mar 2013 | 9:47 AM ET
    A demonstrator outside the Cypriot parliament in Nicosia, Cyprus

    As economists warned of the devastating impact the bailout would have on the Cypriot economy, ordinary Cypriots attempted to come to terms with a new reality.

  • Cyprus' Bailout Hopes All About Petrodollars Friday, 22 Mar 2013 | 1:05 PM ET
    A sign on a Cyprus gas station limits customers to 30 euros to purchase gas.

    Cyprus has found itself right in the middle of a geopolitical game in which its gas potential is a tool in a showdown between Russia and the European Union.

  • Just Let the Insolvent Banks in Cyprus Fail Friday, 22 Mar 2013 | 12:08 PM ET

    The solution to the crisis in Cyprus is very simple: let the troubled banks fail.

  • Turkey May Block Natural Gas Use for Cyprus Bailout Thursday, 21 Mar 2013 | 3:13 PM ET

    Turkey could challenge any move by Cyprus to speed up offshore natural gas exploration as a way of attracting investment to save its economy, Turkish officials said.

  • Scenes From the Cyprus Crisis Thursday, 21 Mar 2013 | 2:53 PM ET

    For Cyprus—and for Europe—the clock is ticking, with the prospect of the eastern Mediterranean island exiting the euro zone or defaulting on its debt looming ever larger. Click ahead to see how the crisis has unfolded.

  • Crude Oil Falls, but Traders Remain Bullish Thursday, 21 Mar 2013 | 2:36 PM ET
    oil barrels

    Crude oil fell on Thursday, yet some traders saw it as a bullish sign that black gold wasn't trading at a lower level.

  • Cyprus Rescue Delayed by 'Russian Criminals': Analyst Thursday, 21 Mar 2013 | 11:24 AM ET
    Cypriots line up at the ATM to withdraw their savings in the midst of the banking crisis in Nicosia, Cyprus.

    The reason a rescue agreement for Cyprus has been so difficult is "no one wants to bail out a bunch of Russian criminals," Bill Browder of Hermitage Capital told CNBC.