Menelaos Hadjicostis

Read the latest stories and analysis from Menelaos Hadjicostis.

Amid financial crisis, Cyprus convicts offer help

Menelaos Hadjicostis · April 6, 2013 3:32 pm

Cyprus to build gas plant with or without Israel

Menelaos Hadjicostis · April 3, 2013 9:31 pm

Bank of Cyprus big savers to lose up to 60 percent

Menelaos Hadjicostis · March 31, 2013 4:00 am

Bank of Cyprus big savers to lose up to 60 percent

Menelaos Hadjicostis · March 30, 2013 4:00 am

A Cypriot man reads a leaflet handed out by protesters at the end of a parade for Greek Independence Day celebrations in capital Nicosia, Cyprus, Monday, March 25, 2013. Cyprus secured what its politicians described as a "painful" solution to avert imminent bankruptcy, agreeing early Monday to slash its oversize banking sector and make large account holders take losses to help pay to secure a last-minute euro10 billion (US$13 billion) bailout. (AP Photo/Petros Giannakouris)

Most Cypriot banks to reopen Tuesday

Menelaos Hadjicostis, Elena Becatoros · March 25, 2013 4:00 am

Cyprus court convicts Hezbollah member

Menelaos Hadjicostis · March 21, 2013 7:10 pm

People queue at an ATM outside a closed Laiki Bank branch in capital Nicosia, Cyprus, Thursday, March 21, 2013. The European Central Bank says it will keep emergency aid for Cyprus' troubled banks in place at least until Monday but will have to cut it off after that unless an international rescue program is drawn up. (AP Photo/Petros Giannakouris)

Cyprus in race against time as bank concerns grow

Menelaos Hadjicostis, Elena Becatoros · March 21, 2013 4:00 am

Protesters chant slogans outside the Cypriot parliament against a crucial parliamentary vote on a plan to seize a part of depositors' bank savings, in central Nicosia, Tuesday, March 19, 2013. The Cypriot government sought Tuesday to shield small savers from a plan that is intended to raise 5.8 billion euro ($7.5 billion) toward a financial bailout by seizing money from bank accounts. The plan, which is part of a larger bailout package being negotiated with other European countries, has been met with fury in Cyprus and has sent jitters across financial markets. (AP Photo/Petros Giannakouris)

Cyprus in limbo after rejecting bank seizures plan

Menelaos Hadjicostis, Elena Becatoros · March 20, 2013 4:00 am

Protesters shout slogans during a protest outside of the parliament in Nicosia, Cyprus, Monday, March 18, 2013. A vote on a bailout package for Cyprus that includes an immediate tax on all savings accounts has been postponed until Tuesday evening. Yiannakis Omirou, the speaker of Parliament, said the delay was needed to give the government time to amend the deal reached over the weekend that prompted an outcry from those who thought their money was safe. In order to get euro 10 billion ($13 billion) in bailout loans from international creditors, Cyprus agreed to take a percentage of all deposits -- including ordinary citizens' savings -- an unprecedented step in Europe's 3 ?-year debt crisis. (AP Photo/Petros Karadjias)

Cypriot deposits grab shocks savers across Europe

Menelaos Hadjicostis · March 18, 2013 4:00 am

In this image taken Saturday, March 16, 2013, people queue to use an ATM machine outside of Bank of Cyprus branch in southern port city of Limassol, Saturday, March 16, 2013. Many rushed to cooperative banks which are open Saturdays in Cyprus after learning that the terms of a bailout deal that the cash-strapped country hammered out with international lenders includes a one-time levy on bank deposits. The move, decided in an extraordinary meeting of the finance ministers of the 17-nation eurozone in the early hours Saturday, is a major departure from established policies. Analysts have warned that making depositors take a hit threatens to undermine investors' confidence in other weaker eurozone economies and might possibly lead to bank runs. (AP Photo/Pavlos Vrionides)

Cyprus president tries to amend bailout plan

Menelaos Hadjicostis · March 17, 2013 4:00 am

Cyprus trial of Hezbollah member wraps up

Menelaos Hadjicostis · March 7, 2013 2:23 pm

Supporters of Nicos Anastasiades celebrate his victory in the presidential elections in Nicosia, Cyprus, Sunday, Feb. 24, 2013. The left-wing candidate in Cyprus' presidential election runoff, Stavros Malas, has conceded defeat. Near final results show his conservative rival, Nicos Anastasiades, has won with one of the widest margins in 30 years. (AP Photo/Petros Karadjias)

Conservative wins critical Cyprus presidency vote

Menelaos Hadjicostis · February 25, 2013 5:00 am