Middle-east Arab News Opinion | Asharq Al-awsat

Media ID: 55321369
Caption:

A worker paints a street lamp in the Zappeio Gardens in central Athens, on Monday, November 4, 2013. Representatives of Greece’s bailout creditors are due in Athens for a new round of talks with the government this week on its austerity program. (AP Photo/Petros Giannakouris)

Greece’s debt inspectors back amid austerity anger

by Asharq Al-Awsat | Nov 4, 2013 | World

Athens, AP—Inspectors from Greece’s bailout creditors have restarted talks on spending reforms that the government is resisting, with one senior official bemoaning the negotiators’ “punitive approach.” The officials from the...

Media ID: 55297186
Caption:

A woman sweeps as people, right, wait outside a branch of Bank of Cyprus in Nicosia, Cyprus, Thursday, March 28, 2013. (AP Photo/Petros Karadjias)

Cyprus Reopens Banks Under Tight Restrictions

by Asharq Al-Awsat | Mar 28, 2013 | World

Nicosia, Reuters—Cypriots queued calmly at banks as they reopened on Thursday under tight controls imposed on transactions to prevent a run on deposits after the government was forced to accept a stringent EU rescue package to avert bankruptcy. Banks were shut almost...

Media ID: 55296744
Caption:

Cyprus lawmakers vote on key bills aimed at securing a broader bailout package from international creditors in parliament in capital Nicosia, Cyprus, late Friday, March 22, 2013. (AP Photo/Petros Karadjias)

Cyprus Says ‘Significant Progress’ in Bailout Talks

by Asharq Al-Awsat | Mar 23, 2013 | World

Nicosia, AFP—Cyprus reported “significant progress” in talks on Saturday with the EU and IMF aimed at clinching a EUR 10 billion (USD 13 billion) bailout to save the Eurozone member from looming bankruptcy. The Cypriot authorities are scrambling to raise...