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  • Merkel Ally Says Cyprus 'Playing With Fire' Friday, 22 Mar 2013 | 4:25 AM ET
    German Chancellor Angela Merkel and Volker Kauder, head of the Bundestag faction of the German Christian Democrats (CDU)

    A leading conservative ally of Angela Merkel said that Cyprus was "playing with fire" and needed to come up with a workable proposal urgently.

  • Solution Will Be Found on Cyprus: Expert Friday, 22 Mar 2013 | 4:00 AM ET
    Solution Will Be Found on Cyprus: Expert

    Patrick Legland, head of global research at Societe Generale, says that despite Draghi's tougher-than-usual stance and Germany wanting to make Cyprus an example, everybody will try to find a solution to the Cyprus crisis.

  • European Shares Open Lower Friday, 22 Mar 2013 | 4:00 AM ET
    European Market Open

    European shares open lower as Cyprus, Russia talks end.

  • Cyprus Is 'Transit Economy' for Russia: Economist Friday, 22 Mar 2013 | 3:35 AM ET
    Cyprus Is 'Transit Economy' for Russia: Economist

    Natalia Orlova, chief economist at Alfa Bank tells CNBC's Steve Sedgwick that Russian companies and banks were using Cyprus as a transit economy and that the Depositor Tax would damage the way they were doing business.

  • Troika Should Be Flexible With Cyprus: Expert Friday, 22 Mar 2013 | 3:05 AM ET
    Troika Should Be Flexible With Cyprus: Expert

    Dr Alexander Apostolides of the European University Cyprus, tells CNBC that a depositor tax does not make sense without a restructuring of Cyprus' debt, arguing that a deal with the Troika would be preferred but that central powers need to be flexible.

  • 'Tough Ride' Ahead for Euro Zone: Expert Friday, 22 Mar 2013 | 2:45 AM ET
    'Tough Ride' Ahead for Euro Zone: Expert

    Robert Wood, chief U.K. economist at Berenberg, tells CNBC the euro zone is in "for a tough ride", but that current problems in Cyprus and Italy do not undermine fundamental changes going on in Europe, and argues the biggest risk to the region would be for outgoing Italian Prime Minister Mario Monti's reforms to be undone.

  • Credit Suisse CEO: More Tough Times Ahead for Financials

    Pay for Credit Suisse Chief Executive Brady Dougan rose by more than one third to 7.77 million Swiss francs ($8.22 million) in 2012, the Swiss bank said on Friday.

  • Why Russian Companies Need Cyprus Friday, 22 Mar 2013 | 2:22 AM ET
    Why Russian Companies Need Cyprus

    Pete Westin, chief equity strategist at Aton Aton tells CNBC's Steve Sedgwick that so many Russian companies have operations in Cyprus for tax reasons and an end to the agreement between Cyprus and Russia could have big implications for these companies.

  • French Elections, Nicholas Sarkozy

    Ex-French president Nicolas Sarkozy was placed under formal investigation on Thursday for "abuse of weakness" in a 2007 party funding case involving elderly L'Oreal heiress Liliane Bettencourt, the public prosecutor said.

  • Is the Market Calm Slowing Down Cyprus Solution? Friday, 22 Mar 2013 | 2:00 AM ET
    Is the Market Calm Slowing Down Cyprus Solution?

    Jane Foley, senior currency strategist at Rabobank, says the markets¿ calm response to the Cyprus crisis offers less incentive for EU ministers to act and that there¿s a greater risk of Cyprus exiting the euro zone than there was for Greece.

  • S&P Cuts Rating on Cyprus by One Notch to Triple-C Thursday, 21 Mar 2013 | 8:43 PM ET
    A woman carrying her baby withdraws money at an ATM machine in the Mediterranean city of Limassol.

    Standard & Poor's cut the sovereign long-term foreign currency credit rating on Cyprus deeper into junk status on Thursday, lowering the rating to CCC from CCC-plus.

  • Cyprus Risks Euro Exit After EU Bailout Ultimatum Thursday, 21 Mar 2013 | 7:53 PM ET
    A man holds a protest sign that says " no to the shutting down of banks"

    The European Union gave Cyprus till Monday to raise the billions of euros it needs to secure an international bailout or face a collapse of its financial system.

  • Will Cyprus Sink the Euro Zone? Thursday, 21 Mar 2013 | 7:00 PM ET
    Will Cyprus Sink the Euro Zone?

    Cyprus is working to secure a bailout, with CNBC's Michelle Caruso-Cabrera; and how this is impacting the rest of the world, with Gary Shapiro, Consumer Electronics Association CEO; Larry McDonald, Newedge; and Dan Greenhaus, BTIG.

  • Market Reaction Doesn't Reflect Cyprus Severity Thursday, 21 Mar 2013 | 6:35 PM ET
    Market Reaction Doesn't Reflect Cyprus Shock

    Michael Woolfolk of Bank of New York Mellon explains why equity and currency markets remain vulnerable as investors have not fully priced in the perfect storm scenario for Cyprus.

  • Too Late for Russia to Help Cyprus? Thursday, 21 Mar 2013 | 6:13 PM ET
    Too Late For Russia To Help Cyprus?

    Douglas Rediker, Visiting Fellow at Peterson Institute for International Economics, explains why he thinks it's too late for Russia to play the role of white knight for Cyprus.

  • The Dow's Record Run Thursday, 21 Mar 2013 | 5:00 PM ET
    The Dow's Record Run

    CNBC's Michelle Caruso-Cabrera reports on the latest details of Cyprus' bailout negotiations; and discussing the chances the Dow could hit 18,000 by the end of 2014, with the "Fast Money" traders and Jeremy Siegel, University of Pennsylvania Wharton School Finance.

  • Cyprus' Central Bank Proposal Thursday, 21 Mar 2013 | 3:21 PM ET
    Cyprus' Central Bank Proposal

    Central bank of Cyprus urges resolution to the banking crisis, reports CNBC's Michelle Caruso-Cabrera.

  • 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.

  • ATM Lines Grow as Europe Sets a Deadline Thursday, 21 Mar 2013 | 1:11 PM ET
    ATM Lines Grow as Europe Sets a Deadline

    The banks are still closed in Cyprus but the ATM lines are growing, reports CNBC's Michelle Caruso-Cabrera.

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