Cyprus News

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

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.

New figures released by the department of lands and surveys earlier last week show that the property purchase contracts deposited throughout Cyprus continued to decline with the exception of Paphos, where overall sales increased.

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

A Cyprus exit from the Eurozone or the exit of any other member state facing problems is not a solution and instead all the Eurozone members should join forces to strengthen the foundations of the Euro, Christopher Pissarides, winner of the 2010 Noble Prize in Economics has stressed.

Paphos was on Friday proclaimed the 2017 Cultural Capital of Europe during a ceremony at the Council of the European Union, in Brussels.

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.

Turkish Prime Minister Tayyip Erdogan said on Thursday he saw a good opportunity for progress towards ending the division of Cyprus, a move that could further the exploitation of natural gas and oil in the eastern Mediterranean.

Turkish Prime Minister Recep Tayyip Erdogan has said that there is an opportunity to reach an agreement on the Cyprus issue.

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.

Eight flights to and from Larnaca and Paphos airports will be affected by a Greek air traffic controllers strike Thursday.

The National Council, the top advisory body to the President, convenes on Wednesday to discuss the financial situation in Cyprus.

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

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)

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.

Two compatible bone marrow donors have been found for a little Cypriot boy suffering from leukaemia.

Stabilising the economy is a top priority, House President Yiannakis Omirou has said, noting that the Bank of Cyprus is at the core of that effort.