Thursday

25th Aug 2016

Ticker

Cyprus banks to stay closed until Thursday

Banks in Cyprus will stay closed until Thursday, the central bank said, as politicians discuss a controversial deposit levy, DPA reports. Parliament was set to convene Tuesday to discuss the tax, demanded by international creditors as part of a bailout deal for the island's ailing banking sector.

News in Brief

  1. Switzerland sees increase in migrants from Italy
  2. Norway to build Arctic border fence
  3. Brexit leader Farage addresses Trump rally
  4. Finland holds 'IS fighter' over 2014 Iraq mass killing
  5. Commission allows Portuguese bank recapitalisation
  6. Ex-commissioner: my rules on emissions are not vague
  7. Leading Danish MEP steps down from post
  8. US cooperating with Turkey on Gulen extradition

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