All euro zone governments need to issue bonds jointly to ensure that the common currency survives the sovereign debt crisis, investor George Soros said on Tuesday. Soros, a liberal philanthropist who rose to fame as an investor on a big …
World markets have reacted calmly to the twists and turns of Cyprus’s financial rescue in the last fortnight but many investors fear the economic fallout is yet to come. They have sold European assets, rather than make a global dash …
At a Cypriot pawnbroker, one of the few growth industries in Europe’s debt-ridden south, someone had vented the anger of an island: “Thieves” was scrawled across the window, in bright red paint. The European Union might claim to have come …
A proposal to impose a tax on bank deposits in Cyprus sets an “incredibly dangerous precedent” and undermines confidence built up in recent months over Europe’s handling of its debt crisis, the head of a global banking association said on …
