Paul Ames

Will Cyprus Sell Off Its Gold?

In Cyprus, it’s come to this: the government’s considering selling off its gold. At least, that’s what the European Commission has advised to come up with ever more money to save the struggling Mediterranean country, according to an EC document leaked to the media Thursday. What the Cypriot government really intends to do has been much source […]

Paul Ames
By Paul Ames

In Cyprus, it's come to this: the government's considering selling off its gold. At least, that's what the European Commission has advised to come up with ever more money to save the struggling Mediterranean country, according to an EC document leaked to the media Thursday. What the Cypriot government really intends to do has been much source of

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Cyprus Says Crisis Averted

Cypriot President Nicos Anastasiades has said that despite its problems, his country has contained its debt crisis and averted the risk of a euro zone exit. “The situation, despite the tragedy of it all, is contained,” he told government officials. “We have no intention of leaving the euro.” However, he criticized other euro zone members for imposing […]

Paul Ames
By Paul Ames

Cypriot President Nicos Anastasiades has said that despite its problems, his country has contained its debt crisis and averted the risk of a euro zone exit. "The situation, despite the tragedy of it all, is contained," he told government officials. "We have no intention of leaving the euro." However, he criticized other euro zone members for

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