European Crisis

China’s growth sustainable, says former Bernanke advisor

Investors should be cautiously optimistic on China and the U.S., but expect scant positive news out of the Eurozone.

By Dean DiSpalatro |March 26, 2013

4 min read

Cyprus crisis averted, stocks rebound

The Mediterranean island of Cyprus, having taken global markets on a vertiginous ride, struck a €10bn ($13bn) bailout deal over the weekend. And as fears of the Eurozone trundling into another banking crisis subsided, equity market rally picked up right where it left off, reports FT.com. Nicosia, the nation’s capital, is pushing for legislation that […]

By Staff |March 25, 2013

1 min read

ECB ultimatum forces Cyprus’ hand

An ECB ultimatum has forced government officials in Cyprus into restructuring its banking sector, reports FT.com.

By Staff |March 21, 2013

1 min read

Cyprus proposal misguided: FT

The proposed bailout deal that would see Cypriots’ bank accounts taking a 6.75% to 9.9% haircut has sent shockwaves through world markets and caused the euro to lose 0.7%.

By Staff |March 18, 2013

1 min read