Cyprus Crisis

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  War-Split Cyprus On Edge As Turkey Reels In Crisis

  Turkey's crackdown on government opponents and the imposition of a state of emergency following the abortive military coup last week has tempered hopes of a swift settlement on divided Cyprus.

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  Cyprus On Track To Exit Rescue Program In March

  Cyprus' finance minister says the east Mediterranean island nation is on track to conclude its multibillion euro rescue program on time this March, almost exactly three years after receiving the lifeline.

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  Cyprus Says Ready to Take 300 Preferably Christian Refugees

  EU member Cyprus said Monday it was willing to take in up to 300 refugees to help ease the crisis facing the European Union but preferred them to be Christians.

• US Vice President Joe Biden to Discuss Ukraine on Trip to Romania, Cyprus

  US Vice President Joe Biden will discuss the Ukraine crisis next week while visiting Romania and Cyprus, the White House announced Monday.

• Ukraine Crisis, Bearded Drag Queen vie for Eurovision Limelight

  The Eurovision Song Contest hit the airwaves on Saturday with its inimitable mix of glitz and politics as the Ukraine conflict and an Austrian drag queen took centre stage in the annual spectacle.

• IMF releases $114-million loan payment for Cyprus

  The International Monetary Fund (IMF) on Friday released the next installment of its bailout for Cyprus - a desperately needed support for the struggling euro zone economy. The payment was valued at around $114 million (83.5 million euros).

• If Cyprus can sell gold to help bailout, why not others?

  Heavily indebted euro zone nations such as Italy and Portugal could come under pressure to put their bullion reserves to work as a result of plans for Cyprus to sell gold to meet its financing needs.

• After Cyprus, is Slovenia next euro zone domino?

  Successive Slovenian governments have refused to privatise the country's banks, which made disastrous loans to politically connected business interests and now threaten to drag the country centre stage in the euro zone debt crisis.

• Italy President Giorgio Napolitano pledges to stay to deal with crisis

  Italian President Giorgio Napolitano on Saturday ruled out standing down early to make way for new parliamentary elections, following the failure of attempts to form a government this week.

• Cyprus reopens banks, under strict restrictions

  Cypriots are expected to descend in their thousands on Thursday on banks, which reopen with tight controls imposed on transactions to prevent fleeing depositors from cleaning out the vaults in a catastrophic bank run.

• Euro zone overrates ability to curb contagion: Moody's

  The euro zone's awkward handling of Cyprus's bailout puts extra pressure on the bloc's downgrade-threatened sovereign ratings and shows policymakers overestimate their ability to contain the crisis, credit agency Moody's said.

• Investors' fears of euro zone breakup rise in March: survey

  The number of investors who believe a member of the euro zone will quit the single currency bloc over the next year rose to the highest level this month since last September amid concerns over crisis-stricken Cyprus.

• Wall Street rises on hopes for Cyprus deal, ends down for week

  The S&P 500 ended the week down 0.2 per cent, which was just its second weekly decline of the year, as investors were alarmed that Europe's debt crisis would again roil markets over Cyprus' financial troubles.

• Cyprus leaves shares facing worst week since November

  World shares were heading for their worst week since November and gold was nearly at a one-month high on Friday as Cyprus scrambled to avoid a meltdown of its banks and exit from the euro that could upset the whole region.

• Gold eyes biggest weekly gain in four months on Cyprus woes

  Gold was on course for its biggest weekly gain in four months, after safe-haven buying prompted by the financial crisis in Cyprus took the price to a three-and-a-half week high in the previous session.