Cyprus secures bailout at cost of banks, jobs

March 2013
Regional Today;03/26/2013, p5
The article reports on the finalization of the 10 billion euro bailout deal for Cyprus as of late March 2013 that prevented a disorderly euro zone exit but downsize the country's status as an offshore banking centre.


Related Articles

  • Getting Beyond the Dirty Laundry (and Laundering): Understanding the Role of Cyprus in Contemporary Offshore Law and Finance. McConvill, James // International Tax Journal; 

    The article looks at Cyprus's growth as major offshore financial and legal center and the future opportunities for growth after the bailout of the Cypriot economy. The article mentions that the International Monetary Fund, the European Union and the European Commission had imposed sanctions on...

  • Bailout Bill Prompts Furious Lobbying Effort. Stone, Peter H.; Vaida, Bara // National Journal;9/27/2008, p35 

    The article reports on the lobbying of the Financial Services Roundtable in September 2008 to change the $700 billion bailout package proposed by U.S. President George W. Bush's administration to free financial institutions from their mortgage-related investments. The roundtable wrote a letter...

  • Obama Makes U.S. Taxpayers Bail Out Foreigners. Gayner, Jeffrey B. // Human Events;9/28/2009, Vol. 65 Issue 33, p1 

    The article emphasizes that the funds granted by the administration of U.S. President Barack Obama have been used to bail out foreign banks during the global economic crisis. It is said that about 58 billion of the 180 billion dollars from the Troubled Assets Relief Program (TARP) granted to the...

  • Lobbyists try to make bailout easier to swallow. Brush, Silla // Hill;1/14/2009, Vol. 16 Issue 5, p15 

    The article reports on the refusal of the lawmakers in the U.S. to support the Troubled Asset Relief Program (TARP) for the struggling business enterprises in 2009.

  • The Boston Globe.  // Hill;2/13/2009, Vol. 16 Issue 18, p14 

    The article offers information on the government bailouts to the U.S. financial sectors.

  • November shares rally. Sleight, Chris // International Cranes & Specialized Transport;Dec2010, Vol. 19 Issue 3, p12 

    The article reports on the bailout of 118 billion US dollars received by Ireland from other members of the European Union (EU) to cover liabilities in the nationalized banking sector in the country.

  • Blame game on Fannie and Freddie. Youngman, Sam; Rushing, J. Taylor // Hill;9/9/2008, Vol. 15 Issue 101, p1 

    The article reports that the White House blamed the U.S. Congress for the bailout of President George W. Bush administration of mortgage companies, Fannie Mae and Freddie Mac.

  • The bailout. Budowsky, Brent // Hill;9/9/2008, Vol. 15 Issue 101, p33 

    The article focuses on the corruption behind the government bailout of Fannie Mae and Freddie Mac in the U.S. and its effects on the American taxpayers.

  • Bailout backlash. Budowsky, Brent // Hill;12/17/2008, Vol. 15 Issue 134, p30 

    The author reflects on the issues concerning the bailout program in the U.S.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics