Calamos Supports Greece

DISY

Cyprus Elections: Main Parties Lose Ground, Far-Right Gains

With 75 % per cent of the vote counted in the Cyprus parliamentary elections, results on Sunday show that the main parties are losing ground.

Cyprus Lawmakers Amend Law Ensuring Peace Talks Restart

The Cyprus House plenary passed on Friday, by 30 votes in favor and 20 against, a bill tabled by the ruling Democratic Rally (DISY) party for a legislative amendment to shift decision-making power on school celebrations from the Parliament...

Ultra-Right Party Wins Two Seats in Cyprus for First Time

The National Popular Front (ELAM) has won seats for the first time in Cyprus after Sundays' parliamentary elections. The Cypriot ultra-right party, which is fashioned after Greece's nationalist Golden Dawn party, won 3.7 percent of the votes and got two...

2015 State Budget Approved in Cyprus

On Tuesday evening, Cyprus' House of Representatives has approved the 2015 state budget that was agreed with the Troika, as the country is still under a bailout program. The budget was approved with 29 votes for and 26 against....

Cyprus Euro Ballot Notable For Its Absences

Cyprus elected its six MEPs without political surprise Sunday night, but only 44% of voters turned out, bringing the abstention rate to an unprecedented 56%. However, as many as 37,000 Turkish Cypriots were left out of the ballot due to supposed bureaucratic failings. Nevertheless, Republic of...

Cyprus Wants Troika Bailout Escape Clause

Already trying to distance itself from the harsh terms to which it agreed in return for a 10 billion euros ($13 billion) bailout from international lenders, Cyprus' new government said it would seek a clause allowing for the removal...

Facing Austerity, Anastasiades Mulls Coalition

Still feeling the heat for approving a plan to confiscate up to 80 percent of big bank deposits in return for a 10 billion euros ($13 billion) international bailout, new Cypriot President Nicos Anastasiades said he is considering asking...

Cypriot Politicians’ Loans Written Off

With banks confiscating up to 80 percent of uninsured deposits over 100,000 euros ($130,000) and the country facing a deep economic crisis, Cyprus has forgiven loans to politicians and companies while others are generally being required to pay in...

Anastasiades Wins Round One In Cyprus

Right-wing leader Nicos Anastasiades won the Cyprus Presidential election balloting on Feb. 17, but without the 50 percent majority he needed to claim the office outright and will face the Communist-backed Stavros Malas in a run-off. The two were vying...

Tsipras Strikes Out – Now it's Venizelos' Turn

ATHENS – After Alexis Tsipras, leader of the SYRIZA Radical Coalition of the Left, failed in his bid to create a coalition government in the wake of Greece’s May 6 elections which resulted in a mandate against austerity measures...