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Saturday 25 March 2023 Dublin: 7°C

# Cyprus

All time
# Cyprus
Bank of Cyprus urges bailout deal to save island from ruin
The bank said in a statement that the next move “may prove its salvation or destruction”.
# crisis
UPDATE: Cyprus to create ‘solidarity fund’
The country’s president said a decision must be made today. Meanwhile, the Finance Minister remains in Russia for negotiations.
# Cyprus
Cyprus president demands bailout decision on Thursday
Earlier today the European Commission said it is up to the Cypriot government now to present an alternative scenario for the bailout.
# need to know
The Evening Fix... now with added baby-vomiting frogs
The things we learned, loved and shared today…
# Bank deposits
Irish Government 'will not be targeting bank deposits like Cyprus'
Simon Coveney said that from a government point of view, it will not be targeting bank deposits for any purpose.
# Cyprus
Brussels: 'It's up to Cyprus to come up with a revised bailout deal'
The European Commission says there’s nothing else it can do if the Cypriot parliament won’t approve the bailout it offered.
Cyprus minister: Troika rejects our Plan B, and banks might never re-open
The interior minister says the Troika has rejected alternative options put forward by Cyprus for securing its €10 billion loan.
# Cyprus
Cyprus turns to Russia for help after MPs reject deposit tax
While President Nicos Anastasiades meets party leaders at home, the finance minister heads to Moscow with cap in hand.
# need to know
The Evening Fix... now with added ways to get sacked
The things we learned, loved and shared today…
# Bailout
Cyprus MPs overwhelmingly reject tax on deposits
Thirty six voted against it, while there were 19 abstentions.
# Cyprus
British military plane takes €1 million to Cyprus
The defence ministry said the cash cargo flight is a “contingency” plan in case banks in the country stop giving out money.
# Debt Crisis
Cyprus to exempt small savers from deposit tax ahead of crucial vote
Accounts with balances under €20,000 will be exempted from a controversial levy if it is approved by MPs today.
# Debt Crisis
Ireland not impacted by Cyprus' bailout deal - Kenny
Banks in Cyprus remain closed as discussions continue on the terms of the proposed bailout deal.
# Your Say
Poll: Is Cyprus right to tax people's savings?
Cyprus is trying to push ahead with the EU bailout deal which will see people’s savings taxed – but is this fair?
# Controversial
Cyprus postpones crucial vote on unpopular bailout until Tuesday
The president is trying to get parliamentarians to back the bailout deal that slaps a hugely unpopular levy on bank savings.
# Cyprus
Cypriot president: Bank deposits levy the 'least painful option'
“The solution we came to is certainly not the one we wanted, but its the least painful under the circumstances,” president Nicos Anastasiades said in a televised address to Cypriots this evening.
# bailout drama
Cyprus may call extra bank holiday to get time to pass unpopular bailout deal
The president needs to get the legislation ratifying the deal through parliament before banks reopen on Tuesday – or face a run on accounts.
# Cyprus
Bank deposits hit as EU/IMF bailout for Cyprus agreed
Deposits in Cypriot banks will be hit with a one-off levy of 6.75 per cent with those with over €100,000 in banks hit with a 9.9 per cent levy under the €10 billion bailout proposal.
# European Union
Eurozone finance ministers consider Cyprus bailout
The meeting of finance ministers will follow day two of a summit by EU leaders which will focus on the Syrian crisis.
# Cyprus
Cyprus holds presidential election following heated campaign
The campaign was focused on rescuing the recession-hit EU member state from bankruptcy.
# Cyprus
Cyprus close to deal on becoming fourth bailed-out Eurozone country
The finance minister of Cyprus says the last few difference on a Troika bailout are “bridgeable”.
# flare
VIDEO: Ugly scenes as exploding flare is thrown at injured player in Cyprus
The club is using video footage to try and track down the fan that threw the object. Watch…
# Cyprus
Noonan confident about bank debt deal
The Finance Minister said the ECB seem to be “more eager” to move forward.
# Europe
European-wide bank supervision plans ruled out by Sweden
Meanwhile, mass anti-austerity protests have filled central Madrid.
# Banking deal
Quest for bank debt deal to continue at Cyprus ministers' meeting
Michael Noonan will meet his counterparts from around Europe in Cyprus today, hoping to make progress on shedding Ireland’s bank debts.
# bank debt
Ireland will 'probably fail' to get bank debt deal by October - Bloomberg
The Department of Finance has said that the forthcoming meetings between European leaders are important to meet the end of October deadline the government has set but it isn’t looking good.
# Eurozone
Michael Noonan set to meet with EU finance ministers
The Finance Minister is expected to discuss plans to ease austerity on bailout countries in meetings in Paris, Berlin and Rome next week.
# Preview
Here's all you need to know about tonight's international action
The Irish team’s group rivals, Germany, are in action, as they take on Argentina.
# Syria
Syria threatens using WMDs as EU prepares to withdraw citizens
Cyprus’s justice minister says the bloc is “prepared for the worst”, as Syria reveals its WMD for the first time.
# Bailout
Cyprus asks for bailout from the eurozone
The Cypriot government confirmed the news this evening, citing the country’s exposure to the Greek economy.
# Cyprus
Moody's drives Cyprus towards junk status with two-notch downgrade
The credit ratings agency has said that it has placed Cyprus’ rating on review for further possible downgrade.