Former ECB policymaker says euro zone crisis may flare up again

NICOSIA: A former senior ECB policymaker on Friday said the euro zone's debt crisis was far from over, and that a messy bailout for Cyprus had taken the island backwards by at least a generation.

Cyprus receives EU-IMF bailout funds

Cyprus has received the first instalment of a 10bn-euro bailout package from international creditors, which was agreed earlier this year.

German finance minister calls anti-euro party's policy "insane"

BERLIN (Reuters) - A core policy of a new anti-euro party was criticized as "economically insane" by German Finance Minister Wolfgang Schaeuble in an interview published on Sunday.

Cyprus further eases limits on money transfers

NICOSIA, Cyprus (AP) — Cyprus significantly eased restrictions on money transfers inside and outside the country Thursday to help businesses spur a deeply slumping economy.

Cyprus to ease citizenship requirements, attacks EU 'hypocrisy'

NICOSIA: Cyprus will relax requirements for citizenship, including for bank depositors who lost large amounts of money in the deal with the EU and IMF, in an effort to keep foreigners interested in investing in the island state, the president said on Sunday.

Eurozone crisis demands one banking policy, one fiscal policy – and one voice

It had all started to look quite promising. The US was picking up, China had avoided a hard landing and in Japan the early signs from the new government's anti-deflation approach were encouraging.

Most Germans expect euro zone crisis to worsen: poll

BERLIN (Reuters) - Nearly two thirds of Germans expect the euro zone crisis to worsen and almost half fear for their savings, according to an opinion poll released on Friday, amid rising concerns that Cyprus may be forced to quit the common currency.

Cyprus becomes fifth eurozone bailout

BRUSSELS: Eurozone finance ministers agreed early Saturday on a bailout for Cyprus, the fifth international rescue package in three years of the debt crisis.

Greece may still have to quit euro - Merkel ally

BERLIN (Reuters) - Greece remains the biggest risk for the euro zone despite a calming of its economic and political crisis and may still have to leave the common currency, a senior conservative ally of German Chancellor Angela Merkel said.

Cyprus talks with lenders as debt sustainability in focus

NICOSIA (Reuters) - Cyprus launched a last-ditch bid with potential lenders on Friday to get financial aid needed before coffers in the tiny euro zone economy start running dry.

Slovenia could need a bail-out, finance minister admits

Slovenia could become the sixth eurozone nation to seek an international rescue, as the country's finance minister admitted on Thursday that a bail-out "can't be ruled out".