Today in Euro Crisis History: Plans Gone Awry

February 1, 2006

Bank of Cyprus Plans Expansion Abroad to Boost Profitability

Bank of Cyprus Ltd., the biggest lender on the Mediterranean island, will expand in Greece, Russia and Southeast Europe as part of plans to increase profitability over the next three years.

Europe’s debt crisis only seems like it has gone on forever. This series of blog posts looks at headlines from this date in previous years that highlight the roots, twists and turns of the current turmoil.

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