Nicosia, Cyprus News

British MEP Mary Honeyball called on IMF Chief Christine Lagarde to 'come to her senses' and to proceed with stimulus measures not austerity.

Mourners are gathering at the Islamic Cultural Center of Northern California in Oakland to remember Malcolm X's grandson, Malcolm Shabazz.

The production line at Fiat's Grugliasco factory in Turin, Italy. Are things looking up for the european auto industry at last? Photograph: Bloomberg Crisis-hit Cyprus could be headed for a much worse recession than initially anticipated when international creditors agreed to prop up its economy, the IMF has announced in a 47-page report released ... (more)

In this Thursday, March 28, 2013 file photo, people wait outside a branch of Laiki Bank in Nicosia.

Cyprus' Finance Minister Harris Georgiades listens during an interview with the Associated Press in his office at the Financial ministry in capital Nicosia, Cyprus, Thursday, May 16, 2013.

When the Cyprus bank run began earlier this year, Russians set much of the pace.

European finance ministers struggled Tuesday to agree on ground rules stipulating how to treat big depositors in future Cyprus-style bank 'bail-ins' when lenders go to the wall.

Urals Energy Public Company Ltd. Evagoras Building, Office 34, 3rd Floor 31 Evagoras Avenue CY-1066 Nicosia CYPRUS Tel.: +357 22 451686 Fax: +357 22 451687 Urals Energy Public Company Limited , a Cyprus-based holding company admitted to trading on the London Stock Exchange's Alternative Investment Market , is an independent oil company with its ... (more)

Nicosia assize court will give a verdict in the trial of four people accused in the murder of Cyprus media tycoon Andis Hadjicostis The hearingwill be held on June 13 During Monday's hearing, the prosecution completed its final speech.

Cyprus is expected get its first a 3 billion bailout tranche approved at a meeting of eurozone finance ministers on Monday.

The special advisor to UN Secretary-General for Cyprus, Alexander Downer, will report the latest developments in the efforts to resolve the long-standing Cyprus problem to the UN Security Council on May 30 following a dinner by the leaders of the two communities President Nicos Anastasiades and Turkish Cypriot leader Dervis Eroglu in Nicosia.

The Iranian man extradited by Cyprus to the United States on suspicion of violating U.N. sanctions on Iran had tried to purchase F4 and F5 plane parts in the United States and send them illegally to Iran, Xinhua quoted Cypriot newspapers.

The Cypriot capital, Nicosia. More than A 15m of loans for graduates from Cyprus are not being repaid.

Bulgarians are voting in parliamentary elections today with no party expected to win a majority to form a government, fuelling fears about more political and economic instability in the country.

The special advisor to UN Secretary-General for Cyprus, Alexander Downer, will report the latest developments in the efforts to resolve the long-standing Cyprus problem to the Security Council of the United Nations on May 30 following a dinner by the leaders of the two communities in Nicosia.

Nicosia - The Ministry of Finance issued a second decree on Friday, exempting four credit institutions operating in Cyprus from the capital restrictions imposed on Cypriot banks.

Iran has responded by Cyprus' decision to extradite an Iranian to the United States for prosecution by recalling its ambassador in Nicosia, officials said Friday.

Cyprus will face pressure from euro-area finance chiefs next week to ease capital controls imposed as part of its bailout program, Maltese Finance Minister Edward Scicluna said.

Foreign Minister Ioannis Kasoulides has called on Turkey to make moves towards a Cyprus solution.

Slovenia's Prime Minister Alenka Bratusek and Finance Minister Uros Cufer in Ljubljana Thursday: Slovenia has pledged to raise taxes and to partly privatize 15 state firms, including its second largest bank, biggest telecoms operator and national airline.