Euro

Cyprus plans two bond issues within 2015

Cyprus plans two international debt issues this year, its finance minister said on Monday, seeking a firmer footing in markets after a near meltdown in 2013.

The island nation is preparing for two issues under its European Medium Term Note (EMTN) program, Finance Minister Harris Georgiades said.

Details have not yet been decided.

Dinar declines by 0.5 percent, exchange rate at RSD 121.7415

BELGRADE - The dinar declined by 0.5 percent on Tuesday, making the official medium dinar-to-euro exchange rate RSD 121.7415, the National Bank of Serbia (NBS) has announced.

The Serbian national currency has dropped by 0.4 percent against the Eurozone currency compared to a month ago and by 5.5 percent compared to a year ago.

'Grexit' is back: A Greek exit from the euro raises fears of fiscal contagion

By Simon Kennedy

Mario Draghi?s July 2012 pledge to do ?whatever it takes? to keep the euro intact has kept speculators at bay for almost three years. Bond yields fell from Dublin to Athens, giving governments room to cut budgets and start revamping their economies.

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