Euro Zone Aid to Cyprus Comes with Conditions

The financial rescue package for Cyprus will involve the International Monetary Fund and will be tied to strict conditions of fiscal policy, bank deleveraging...

Cyprus Requests Aid from European Bailout Fund

Cyprus formally requested aid from Europe's bailout fund Monday as it scrambles to shore up its banking system that has been hurt by Greece's...

Demetris Christofias: Cypriot Economic Trouble Rooted in Greek Woes

Cyprus President Demetris Christofias on Sunday blamed the island's economic troubles on neighbouring Greece's woes and insisted that reforms by his government would check...

Cyprus: Five Arrested for 26 kg of Cannabis

Five people, two Greeks, two Cypriots and a Russian with a Greek passport, were apprehended for eight days yesterday by Larnaca district court in...

Cyprus Government Accused of Mistreating Migrants

A new report from the human rights group Amnesty International claims that hundreds of migrants fleeing persecution and conflict who arrive in Cyprus are...

Cyprus: Options Still Open on Funding for Banks

Cyprus still has options open to find urgently needed funds to recapitalise its banks, either through the EU rescue fund or through a bilateral...

Moody’s Cuts Cyprus’ Rating Two Notches

Moody's has cut the credit rating of Cyprus by two notches, citing the nation's close links to Greece and the rising likelihood that Athens...

Cyprus May Ask for Bailout Before Greek Elections

Cyprus' Finance Minister warned Wednesday that the eurozone country could seek a European Union bailout to help recapitalize its banking sector before crucial elections...

Moody΄s Cuts Ratings of Two Large Cypriot Banks

Moody΄s Investors Service on Tuesday cut the credit ratings on two Cypriot banks and put another on review for a downgrade, citing the increased...

Archbishopric of Cyprus Criticizes the Biblical Archaeology Society for Arriving at the Occupied Area

The Holy Archbishopric of Cyprus has publicly criticized with harsh statements the unacceptable decision of the US-based Biblical Archaeology Society to arrive in the...

Archbishop of Cyprus Pleads for Kirill of Moscow Support on Cyprus Issue

Archbishop of Cyprus Chrysostomos II, called on Patriarch Kirill of Moscow and all the Russians, who pays a visit to Cyprus to continue supporting...

Cyprus Cringes at Unofficial EU Presidency Ditty

A song dedicated to Cyprus’ EU presidency has gone viral on the internet over the last two days with some convinced it’s a spoof...

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