Wilbur Ross: reported to be leading a group that agreed to invest €400 million in Cyprus’s biggest bank via a private placement. Photograph: David Sleator

The archbishop of Cyprus has taken the unusual step of urging thousands of small investors in the island’s biggest bank to reject a €1 billion share s(...)

An investigation has revealed two former executives at the troubled Bank of Cyprus had ‘wiping software’ installed on their computers, which may have deleted key documents relating to the disasterous decision to invest in Greek government bonds in 2010. Photograph:  Yorgos Karahalis/Reuters

Two of the most senior executives at Bank of Cyprus may have deleted crucial email documents last year related to what proved to be a disastrou(...)

A woman looks on as she joins other Cypriot bank workers during a protest against the possibility of their pensions being affected by the terms of the bailout. Photograph: Andreas Manolis/Reuters

The first Cypriots to gather at the police barricade on the corner of Jawaharlal Nehru Avenue that runs in front of parliament are members of t(...)

A man walks past a branch of Bank of Cyprus in Nicosia. REUTERS/Yorgos Karahalis

Cyprus will receive €1 billion from the International Monetary Fund as part of the €10 billion rescue package it agreed late in March with euro(...)

Volunteers sort canned food and other non-perishable items and place them in boxes in the Cypriot capital Nicosia yesterday. Thousands of Cypriots donated the food that will go to needy families who are facing their worst financial crisis in decades. Photograph/Petros Karadjias

Former Cyprus president George Vassiliou is highly critical of of the EU-IMF troika for “imposing a unilateral solution” on Cyprus, particularl(...)

An employee of Laiki Bank appeals for calm before the the bank reopened. Photograph: Reuters

Evripides is angry. He is a prosperous Cypriot businessman who handed over his firm to his son, but he pursues his own projects. Evripides has (...)

A crowd waits for a branch of Cyprus Bank to open in Nicosia. Photogaph: Angelos Tzortzinis/The New York Times

Angry Cypriots queued to withdraw money yesterday as banks reopened for the first time in nearly two weeks under a regime of strict capital con(...)

A crowd waits for a branch of Cyprus Bank to open in Nicosia, Cyprus, yesterday, after almost two weeks of closure. Photograph: Angelos Tzortzinis/The New York Times

Patience and perseverance rather than panic marked the sorrowful opening of Cypriot banks at noon yesterday after a 10-day holiday. President N(...)

A protester atop the fence at the presidential palace during an anti-bailout rally in Nicosia yesterday. Photograph: Yannis Behrakis/Reuters

Michael Jansen The chief executive and board members of the Bank of Cyprus and Laiki Bank, the country’s two largest, were dismissed y(...)

The European Union's decision to recapitalise Cypriot banks by inflicting losses on depositors and senior bondholders is triggering investor co(...)