Eurozone Economy

  • Savings account seizure plan draws fury in Cyprus March 19, 2013

    Nicosia: A plan to seize up to 10 per cent of savings accounts in Cyprus to help pay for a (EURO)15.8 billion ($20.4 billion) financial bailout was met with fury on Monday, and the government shut down banks until later this week while lawmakers wrangled over how to keep the...