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Debt crisis: as it happened May 17, 2012
Ratings agency Fitch warns that all eurozone countries face a greater than 50pc chance of a downgrade if a stable, pro-bail-out government is not formed following Greece's second round of elections.
A British university's financial economics professor was appointed Cyprus' new Central Bank governor Saturday, as the eurozone member struggles to contain a stagnating economy and banking system roiling under heavy exposure to Greek debt.
Cyprus president appoints Panicos Demetriades as new Central Bank head amid economic turmoil
NICOSIA, Cyprus - A British university's financial economics professor was appointed Cyprus' new Central Bank governor Saturday, as the eurozone member struggles to contain a stagnating economy and banking system roiling under heavy exposure to Greek debt.
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