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Cyprus 'on track' to meet aid program terms: IMF

NICOSIA (Reuters) - International lenders gave an upbeat assessment on Wednesday over progress made by Cyprus in meeting the conditions of a financial aid program, but said it was tempered by an uncertain economic outlook. Full story

Legacy Laiki is largest shareholder in new Bank of Cyprus

NICOSIA (Reuters) - Legacy Laiki Bank is the largest stakeholder in Bank of Cyprus <BOC.CY>, owning 18 percent of shares following a bail-in of depositors to prop up the lender, Bank of Cyprus said on Wednesday. Full story

Bank of Cyprus deposits raid boosts finances

Cyprus' biggest bank is returning to good health after the international bailout which saw depositors sacrificing some of their savings, the country's central bank said Tuesday. Full story

Cyprus U.N. envoy says peace talks could resume in October

NICOSIA (Reuters) - The United Nations' chief envoy for ethnically divided Cyprus said on Tuesday he anticipated a resumption of peace talks in October after a lull of more than a year. Full story

Bank of Cyprus depositors lose 47.5 pct of savings

Depositors at bailed-out Cyprus' largest bank will lose 47.5 percent of their savings exceeding 100,000 euros ($132,000), the government said Monday. Full story

Cyprus president optimistic on 1st bailout review

Cyprus' president says he's "cautiously optimistic" international creditors will certify that the country is living up to the terms of its multibillion euro bailout deal. Full story

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Articles

Private-sector deposits in Cypriot banks fall in June: ECB

Cyprus aims to restructure major bank by end July

Acute property slump takes hold in bailed-out Cyprus: survey

Former Bank of Cyprus chief says lender made a scapegoat in financial crisis

Cyprus to issue license for first casino resort

IMF, EU inspectors start quizzing Cyprus on bailout progress

Cyprus gov't upbeat ahead of first troika review

Gold sale not only option for Cyprus: finance minister

Cyprus: ECB to help after top bank restructured

ENI interested in planned Cyprus gas facility

Video

  Faber's Gloomy Stock Forecast: Summer Crash Concerns

Marc Faber, Gloom Boom & Doom Report editor, reveals his bleak outlook on the markets this summer; and explains why events like Cyprus are likely to happen in more countries.

  Cyprus Bailout, Now What?

Charles Dallara, Americas of Partners Group, shares his opinions on the future of Cyprus and Europe, and discusses whether a crisis like this could occur in the U.S.

  Could Cyprus-Like Losses Hit U.S. Depositors?

CNBC's Michelle Caruso Cabrera reports on major bank client losses in Cyprus, which could be as high as 60 percent for those with more than $100,000 euros in Cypriot banks. Could the same thing happen in the U.S.?

  Tough Terms for Cyprus Depositors

The actions in Cyprus could set a precedent for other countries, says Tim Adams, Institute of International Finance. And that has markets in Europe and the U.S. concerned.

  Cyprus Fears Overblown?

What happened in Cyprus is a one-time situation, says John Ryding, RDQ Economics. "You couldn't do that on a country like Spain or Portugal or Ireland," he says. Jeff Solomon, Accounting Company, also offers his thoughts on earnings.

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Related Photos

Cyprus' Finance Minister Georgiades waits for the start of a euro zone finance ministers meeting in Luxembourg
Cyprus' Finance Minister Georgiades waits for the start of a euro zone finance ministers meeting in Luxembourg

Cyprus' Finance Minister Harris Georgiades waits for the start of a euro zone finance ministers meeting in Luxembourg June 20, 2013. REUTERS/Francois Lenoir

Relatives of victims of a munitions explosion in Cyprus in 2011 emerge from a courthouse in the coastal town of Larnaca
Relatives of victims of a munitions explosion in Cyprus in 2011 emerge from a courthouse in the coastal town of Larnaca

Relatives of victims of a munitions explosion in Cyprus in 2011 emerge from a courthouse in the coastal town of Larnaca July 9, 2013. REUTERS/Andreas Manolis

Greek Foreign Minister Evangelos Venizelos and his Cypriot counterpart Ioannis Kasoulides share a joke as they address the media at the foreign ministry in Nicosia
Greek Foreign Minister Evangelos Venizelos and his Cypriot counterpart Ioannis Kasoulides share a joke as they address the media at the foreign ministry in Nicosia

Greek Foreign Minister Evangelos Venizelos and his Cypriot counterpart Ioannis Kasoulides share a joke as they address the media at the foreign ministry in Nicosia, July 5, 2013. Venizelos is on a fleeting trip to the east Mediterranean island. REUTERS/Andreas Manolis (CYPRUS - Tags: POLITICS)