NICOSIA (Reuters) - Legacy Laiki Bank is the largest stakeholder in Bank of Cyprus <BOC.CY>, owning 18 percent of shares following a bail-in of depositors to prop up the lender, Bank of Cyprus said on Wednesday. Full story
NICOSIA (Reuters) - The United Nations' chief envoy for ethnically divided Cyprus said on Tuesday he anticipated a resumption of peace talks in October after a lull of more than a year. Full story
Depositors at bailed-out Cyprus' largest bank will lose 47.5 percent of their savings exceeding 100,000 euros ($132,000), the government said Monday. Full story
Marc Faber, Gloom Boom & Doom Report editor, reveals his bleak outlook on the markets this summer; and explains why events like Cyprus are likely to happen in more countries.
Charles Dallara, Americas of Partners Group, shares his opinions on the future of Cyprus and Europe, and discusses whether a crisis like this could occur in the U.S.
CNBC's Michelle Caruso Cabrera reports on major bank client losses in Cyprus, which could be as high as 60 percent for those with more than $100,000 euros in Cypriot banks. Could the same thing happen in the U.S.?
The actions in Cyprus could set a precedent for other countries, says Tim Adams, Institute of International Finance. And that has markets in Europe and the U.S. concerned.
What happened in Cyprus is a one-time situation, says John Ryding, RDQ Economics. "You couldn't do that on a country like Spain or Portugal or Ireland," he says. Jeff Solomon, Accounting Company, also offers his thoughts on earnings.
Cyprus' Finance Minister Harris Georgiades waits for the start of a euro zone finance ministers meeting in Luxembourg June 20, 2013. REUTERS/Francois Lenoir
Relatives of victims of a munitions explosion in Cyprus in 2011 emerge from a courthouse in the coastal town of Larnaca July 9, 2013. REUTERS/Andreas Manolis
Greek Foreign Minister Evangelos Venizelos and his Cypriot counterpart Ioannis Kasoulides share a joke as they address the media at the foreign ministry in Nicosia, July 5, 2013. Venizelos is on a fleeting trip to the east Mediterranean island. REUTERS/Andreas Manolis (CYPRUS - Tags: POLITICS)