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Nicosia, Cyprus News

Local news for Nicosia, Cyprus continually updated from thousands of sources on the web.

5 hrs ago | The Miami Herald

Correction: Cyprus-Breaking Barriers story

In a story April 27 marking the 10th anniversary of the breaching of the barriers carving up Cyprus, The Associated Press erroneously reported that Yiannis Maratheftis had written a book detailing his experiences.

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Related Topix: Cyprus, Middle East, World News

5 hrs ago | Wall Street Journal

Protecting the Depositors

Since the financial crisis hit Europe in 2008, few issues have proved as divisive as deciding how to protect bank deposits.

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Related Topix: Cyprus, World News

Mon May 20, 2013

The Financial Mirror

Cyprus GSP Stadium qualifies for hosting football games of all UEFA competitions

GSP Stadium in Nicosia is the only stadium in Cyprus that fully complies with requirements for hosting football games of all the UEFA competitions.

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Related Topix: Cyprus, World News

Sat May 18, 2013

The Cyprus Weekly

Come to your senses

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

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Fri May 17, 2013

WTHR-TV Indianapolis

Cyprus drops limits on 8 more foreign banks

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

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Related Topix: World News, Cyprus, Middle East, Lebanon, Lebanon, IN

The Guardian

Eurozone crisis as it happened: Greece on track to exit slump next year, says Troika

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)

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Related Topix: Italy, World News, Cyprus

Seattle Post-Intelligencer

Top officials call to overhaul euro institutions

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

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Related Topix: Cyprus, World News

Thu May 16, 2013

Deseret News

Cyprus may presell gas reserves to ease crisis

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.

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Related Topix: Cyprus, World News

Wed May 15, 2013

The Financial Mirror

Bank documents portray Cyprus as Russia's favourite haven

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

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Related Topix: Cyprus, Middle East

Tue May 14, 2013

Channelnewsasia.com

EU toils on preferential status for big depositors in bail-ins

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.

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Euroland

Urals Energy DI (LSE)a

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)

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Mon May 13, 2013

The Cyprus Weekly

Hadjicostis trial

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.

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Russia Taday

Cyprus is due to get its first Troika bailout payment

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

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The Cyprus Weekly

Downer fully focused on Cyprus problem

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.

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Related Topix: Cyprus, Middle East, World News

Sun May 12, 2013

Trend

Iranian man extradited to U.S. tried to buy plane parts

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.

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The Guardian

EU graduates' unpaid fees top more than A 50m in past five years

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

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The Cyprus Weekly

Political and economic instability is expected

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.

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The Cyprus Weekly

UN to be updated on developments following meeting between leaders

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.

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Sat May 11, 2013

The Cyprus Weekly

Four foreign credit institutions exempted from capital restrictions

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.

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The Las Vegas Sun

Iran recalls its ambassador in Cyprus

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.

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