Inquiry blames Cypriot ex-president for crisis

NICOSIA, Cyprus (AP) -- The "reckless" economic policies of Cyprus' former president are mainly to blame for the financial crisis that brought the country to near bankruptcy, an independent inquiry concluded Monday.

Euro zone crisis: German economy slows to 'near-stagnation,' PMI survey shows

BRUSSELS, Belgium — Germany, the largest economy in the euro zone, slowed to “near-stagnation” in March, according to data released Thursday that showed the euro-area recession had deepened.

The Resolution of the Cyprus Banking Collapse Paves the Way for More Crises

The international financial community and the markets have declared victory over Cyprus’s banking crisis. But the solution imposed on Cyprus–taxing big deposits–may pave the way for the next European financial crisis.

Cyprus Teeters on Brink as Euro Chiefs Battle Crisis

European governments battled to save Cyprus from financial ruin, seeking to prevent the woes of the euro area’s third-smallest economy from reviving the debt crisis and rattling markets.

Euro Leaders Demand Austerity as Italy Nears New Vote

European leaders demanded that euro members press on with budget cuts to end the debt crisis as Italy edged closer to a new election after an anti-austerity vote last week resulted in political deadlock.

Cyprus to hold crisis talks as bailout looms

(Reuters) - Cyprus' leaders will discuss on Tuesday options for reviving an economy on the verge of succumbing to a bailout, with a debate raging on whether the country should seek aid from the EU's rescue fund or look further afield.