Greece’s already-fragile banking sector has taken a hammering as fears of a debt default have hit lender’s stocks – and deposits.» Read More
Cyprus and its international lenders on Monday reached a last-minute rescue deal to resolve the country's financial crisis. But what are the implications for the country?
Christian Schultz, Senior Economist at Berenberg Bank says Cyprus is too small for markets to be worried about.
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.
British police searched for radiation and chemicals at former Russian oligarch Boris Berezovsky's home near London on Sunday but found none, and said there was no evidence anyone else was involved in his still unexplained death.
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.
In an exclusive interview, CNBC's Julia Chatterley asked Cypriot Finance Minister Michael Sarris what the island's bailout deal means for Russia.
Benjamin Pedley, Executive Director and Head of Investments at UBS Wealth Management Australia discusses Cyprus's last-minute rescue deal to resolve the country's financial crisis.
Richard Iley, Chief Economist, Asia, BNP Paribas discusses the importance of Cyprus as an economy despite its minimal weight in Europe's overall GDP.
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.
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.
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.
Cyprus plans to contact international lenders on Monday evening to invite them to the island for final talks on a comprehensive aid package for the Greece- exposed island, officials said.
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.
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.
The Cypriot parliament adopts a law creating a fund to pool state asset, with CNBC's Michelle Caruso Cabrera.
Cyprus is expected to take some dramatic measures this weekend to secure an EU bailout, including approving some type of tax on big savers.
Cyprus is facing a potential financial collapse. CNBC's Michelle Caruso-Cabrera reports the EU is demanding that both big Cypriot banks get smaller.
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.
Cash may not be the only thing in short supply in Cyprus, with CNBC's Michelle Caruso-Cabrera and Jeff Saut, Raymond James.
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Peter Wilding, director at British Influence, discusses the rise of UKIP, the euro currency and the potential of a 'Brexit' from the EU.
Eileen Burbidge, partner at Passion Capital, says that we must bridge the public and private sector in terms of cybersecurity.
European markets ended flat on Wednesday after seesawing for much of the session, with gains in the technology sector helping to offset a continued slump in Greek banking stocks.