Cyprus Seeks Alternative Solution to Debt Crisis
Cyprus is working on a secondary proposal to stave off bankruptcy, after lawmakers rejected a plan to raise billions of euros by seizing up to 10 percent of people's savings.
cypriot
Cyprus Proposes to Exempt Small Savers From Tax
Cypriot finance officials are revising a planned financial bailout to relieve small account holders from having to pay a fee as part of a plan to rescue troubled banks.
Cyprus Bank-Deposit Tax Sends World Markets Tumbling
Stocks around the world fell sharply Monday as investors gave their initial verdict to a weekend plan to tax depositors in Cypriot banks as part of the island nation's bailout.