With their country battling an acute banking crisis, Cyprus retailers are demanding hard cash for their goods, but worried residents say they will soon run short of money as banks stay firmly closed.
With no end in sight to the turmoil, petrol stations, cafes, restaurants and neighbourhood...
Cypriot Finance Minister Michalis Sarris will seek Russian assistance on Wednesday after his island's parliament rejected the terms of an EU-IMF bailout that slapped an unprecedented levy on bank accounts.
Sarris will meet his Russian counterpart Anton Siluanov in the hope of easing the terms...
Nicosia and international creditors were discussing Monday revisions to an unprecedented levy on bank accounts agreed in a bailout for Cyprus which has sparked market turmoil and fresh fears of debt crisis contagion, an EU source said.
"The Cypriots are debating, finalising a new proposal,"...