May 07, 2013
Luc Frieden, Luxembourg's finance minister, yesterday sought to assure GCC investors the grand duchy was a haven of stability from strife in other parts of the euro zone. Read Article Luxembourg a haven of stability in euro zone, minister says
Apr 13, 2013
The dust is settling after the European Union's bailout of Cyprus, but bankers say a proposed levy on depositors has done lasting damage to investors' confidence in the euro-zone's banking sector. Read Article Back to basics after Cyprus
Mar 29, 2013
In a Hollywood-style operation, armoured vehicles carrying billions of euro banknotes replenished banks on Wednesday night, with police cars escorting the cash convoy and a helicopter clattering overhead. Michael Theodoulou reports from Nicosia Read Article Feared run on Cyprus banks fails to materialise
Mar 26, 2013
There is little cheer on the streets in Cyprus, where wealthy depositors stand to lose heavily amid predictions of the demise of the financial sector and soaring unemployment. Michael Theodoulou reports from Nicosia Read Article Cyprus outlook is gloomy – even with bailout
Mar 22, 2013
The European Central Bank gave a new ultimatum to Cyprus to recapitalise its financial sector, as euro-zone officials, the IMF and Russia attempted to thrash out a deal to rescue the country's banks, which will remain shut until at least Tuesday. Read Article Cyprus gets emergency funding until Monday
Mar 20, 2013
Forex firms say that Middle Eastern clients are preparing to pull money from Cyprus, as a controversial levy on bank deposits goes to vote. Read Article Regional investors set to flee Cyprus
Mar 04, 2013
BNP Paribas plans to boost its investment banking footprint in Africa as it favours promising growth markets away from the riskier euro zone, its regional head said in Abu Dhabi. Read Article BNP Paribas to expand its investments in Africa and Asia
Feb 26, 2013
Steen Jakobsen, the chief economist of the Copenhagen-based Saxo Bank, assesses the current health of the euro zone, the United States, Asia and the Middle East. Read Article Fighting complacency as skies clear
Feb 15, 2013
Euro Zone: A survey of forecasters points to a stagnation in the euro-zone economy next year, after the continent releases worse than expected data on its economic growth during the final quarter of 2012. Read Article Euro zone plunges deeper into recession
Feb 11, 2013
Euro Zone: A few weeks ago the elites of Davos exuded confidence the European crisis had passed, but recent events show how ephemeral such certainty can be. Read Article Spare us the doom over Europe and look to its success