Europe

Banks Re-Open in Cyprus as Bailout Negotiations Continuei
X
March 28, 2013 5:14 PM
Banks across Cyprus reopened as scheduled Thursday, nearly two weeks after being shut down amid the country's brush with economic collapse. Meanwhile, the government continues to negotiate a bailout agreement with international creditors that will see large depositors lose a portion of their money. Jeff Custer reports.

Banks Re-Open in Cyprus as Bailout Negotiations Continue

Published March 28, 2013

Banks across Cyprus reopened as scheduled Thursday, nearly two weeks after being shut down amid the country's brush with economic collapse. Meanwhile, the government continues to negotiate a bailout agreement with international creditors that will see large depositors lose a portion of their money. Jeff Custer reports.


You May Like

Changing Under Pressure, IS ‘Potent’ as Ever

US intel officials describe Ramadi's fall as concerning, but say it isn't emblematic of larger effort to degrade IS capabilities More

Nigeria Fuel Shortage Shows Fragility of Africa’s Oil Giant

Although it is the largest oil producer in Africa, country has nearly ran out of fuel it needs to power its generators, cars and airplanes over the past week More

Arrested Football Officials Come Mainly From the Americas

US Justice Department alleges defendants participated in 24-year scheme to enrich themselves through corruption of international soccer More