Cyprus Bailout | Peril of Selling a Property at the Wrong Time

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Cyprus Bailout | Peril of Selling a Property at the Wrong Time

They say everything in life is in the timing. Sharon Connor must be thinking someone up there just does not like her. Sharon was widowed last year, her husband was just 54 years and suffered a fatal heart attack.

Having […]

Cyprus Bailout | Panic Caused by Bank ‘Haircut’ Texts

Cyprus Bailout | Panic Caused by Bank ‘Haircut’ Texts

Customers panicked yesterday when they received texts saying that the Co-Op Bank in the south was about to impose a ‘haircut’ similar to that imposed on the Laiki Bank and the Bank of Cyprus. Erotocritos Chlorakiotis, Head of the Cooperative Central Bank, said that the […]

Cyprus Bailout | Bank of Cyprus Data Allegedly Had Been Deleted

Cyprus Bailout | Bank of Cyprus Data Allegedly Had Been Deleted

It has quickly become clear that the investigation into the circumstances leading up to the failure of the Laiki Bank and the Bank of Cyprus will not be any easy one. The first problem was that the computers of senior BOC executives have […]