Cyprus bank bailout News

Investors Wary of ‘Slow Panic’ on Growth after Cyprus Rescue

World markets have reacted calmly to the twists and turns of Cyprus’s financial rescue in the last fortnight but many investors fear the economic fallout is yet to come. They have sold European assets, rather than make a global dash …

Last Ditch Cyprus Bank Deal Brings Little Relief; Much Uncertainty

At a Cypriot pawnbroker, one of the few growth industries in Europe’s debt-ridden south, someone had vented the anger of an island: “Thieves” was scrawled across the window, in bright red paint. The European Union might claim to have come …