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Economic Regions The European Union

  • Cyprus is Toast

    Clem Chambers, CEO at ADVFN says Cyprus's economy is based on finance and no one will be going into that sector going forward, even with the deal agreed upon.

  • Cyprus Avoids Disorderly Default

    Jesper Bargmann, Head of G11 SPOT FX, Asia Pacific at RBS Global Banking & Markets says while Cyprus has avoided a default, there are plenty of issues in Europe that could cloud the outlook for the single currency.

  • Cyprus Finance Minister: Russia is Disappointed

    In an exclusive interview, CNBC's Julia Chatterley asked Cypriot Finance Minister Michael Sarris what the island's bailout deal means for Russia.

  • Preventing Capital Flight Out of Cyprus

    Seng Wun Song, Regional Economist at CIMB and Gary Dugan, CIO, Asia & Middle East, Coutts talk about capital controls just as Cyprus reaches a bailout deal with its international lenders.

  • Eurogroup Will Do Best To Keep Cyprus In Group: Pro

    Marc Lansonneur, Regional Head of Investment and Market Solutions at Societe Generale Private Banking, Asia Pacific, discusses why he thinks the Eurogroup will do its best to keep Cyprus as a member of the bloc despite its size.

  • China's Economic Rebalancing Act

    Michael Spence, Professor of Economics at the Stern School of Business at New York University, explains why he thinks China may unveil a set of fairly large system reforms in the next few months as the country attempts to rebalance its economy.

  • Cypriots line up at a Laiki Bank ATM to withdraw their money.

    It appears the fight is no longer about whether both of Cyprus large banks will get smaller — they will. The only question is how. Bankers, politicians, and bureaucrats are throwing around all kinds of bank restructuring phrases.

  • Riot police in Cyprus stand on guard as protesters near by protest the governments handling of the banking crisis.

    The assessment of officials and bankers on the Mediterranean island suggest the bulk of the billions of euros of Russian money in Cyprus comes from smaller firms and middle-class savers, and not the super-wealthy.

  • If Cyprus Defaults, Should Investors Care?

    Discussing whether a Cypriot default is reason for investors to worry in addition to winners & losers in this market, with the Fast Money team. Meanwhile Axel Merk, Merk Investments, says the bull rally will correct at some point, but Cyprus will not be the catalyst.

  • Cypriots line up at a Laiki Bank ATM to withdraw their money.

    Cyprus is expected to take some dramatic measures this weekend to secure an EU bailout, including approving some type of tax on big savers.

  • The Chancellor is under pressure after the UK lost its AAA credit rating last month and the lack of growth in the economy, is predicted to reveal plans to continue with his austerity strategy to cut the UK's deficit.

    Fitch ratings agency warns that they may cut the UK's AAA credit rating due to the country's deep economic problems.

  • Cyprus' lawmakers geared up to vote on a series of bills put forward in a renewed effort to strike a bailout deal with European partners on Friday after talks with Russia collapsed.

  • European Markets Close: Bond Rally

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the latest in Cyprus, and a rally in European bond markets.

  • Markets are 'Over-Exuberant': Expert

    Ronnie Chopra, head of strategy at Tradenext, tells CNBC that investors should be careful as the market gets carried away on a wave of positive news from the U.S. and ignores potentially dangerous European problems.

  • With Europe locked in a multi-billion-dollar game of chicken with Cyprus, markets Friday were watching closely to see which side would blink first.

  • Why Slovenia Isn't the New Cyprus

    Peter Attard Montalto, emerging market economist at Nomura International, tells CNBC that Slovenia's fiscal situation is quite different to Cyprus, despite the fact it may too be forced to ask for a bailout.

  • National Bank to Get 'Tremendous Power': CEO

    Takis Phidias, acting CEO of Laiki Bank, tells CNBC that the proposed Cypriot resolution will hand 'tremendous powers' to the national bank in an attempt to deal with the country's huge financial problems.

  • It's 2010 All Over Again: Expert

    Simon Derrick, chief currency strategist at BNY Mellon, tells CNBC that the market's steady response to Cyprus is reminiscent of its movement as the first Greek crisis loomed large in 2010.

  • Cyprus Looks For a Deal

    Cypriot leaders are scrambling to make a deal with the European Union, reports CNBC's Michelle Caruso-Cabrera.

  • Crunch Time For Cyprus

    What's the next step for the island nations and how should investors prepare for it? Julian Callow, Barclays chief international economist, weighs in.