ECB, Eurogroup at odds over Cyprus rescue as model

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BRUSSELS – Europe’s leading institutions clashed in a rare sign of public discord Tuesday over what shape future financial rescues will take following the bailout for Cyprus, creating further uncertainty and concern about the safety of keeping large deposits in European banks. In a 10 billion euro bailout deal clinched in the early hours of Monday morning, Cyprus agreed to dissolve the country’s second-largest bank, inflicting significant losses – possibly up to 40 percent – on all deposits larger than 100,000 euros ($130,000). That step, agreed with the other 16 European Union countries that use the euro and the International Monetary Fund, marks the first time in Europe’s…

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Pakistan selectors to name Champions Trophy probables on Friday - NDTV


NDTV

Pakistan selectors to name Champions Trophy probables on Friday
NDTV
"The chief selector, Iqbal Qasim, has been told by the Pakistan Cricket Board to hold a meeting of its selection committee to name the probables for the Champions Trophy. The participating nations will have to submit a preliminary list of 30 players by ...
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