Greece

The tragedy at the Cyprus Naval Base caused greater damage than what was thought. It is estimated that Cyprus will have to pay 2 or 3 billion euro. Before the fatal explosion, the Minister of Economics Charilaos Stavrakis had...

The Cyprus economy has exited recession and is registering positive economic growth, which is projected to be maintained, President of the Republic of Cyprus Nicos Anastasiades has said. He noted, however, that the banking sector still has challenges to...

As British Prime Minister Theresa May struggles to find common ground to reach an agreement both domestically and in Brussels before the United Kingdom leaves the European Union on March 29, 2019, the tens of thousands of Greeks and Cypriots who...

The economy of Cyprus is expected to grow more than 3 percent over the next three years, according to Cypriot Finance Minister Harris Georgiades during his presentation of the state budget for 2019. Georgiades stated that higher education, as well...

As Greece marks conclusion of the bailout program, Cyprus' Minister of Finance, Harris Georgiades, tweeted an enthusiastic and positive message for the future of Greece and its investors. “Greece's exit from the memorandum is an important development. The country has...

An upcoming informal dinner between Cyprus President Nicos Anastasiades and Turkish Cypriot leader Mustafa Akinci will see if there are grounds for more talks on the island's future, it has been claimed. Cypriot government spokesman Prodromos Prodromou was reported as saying by...

President Nicos Anastasiades heads into Sunday's Cyprus election as the favorite in a campaign dominated by the economy and stalled efforts to reunify the divided island. Among the nine candidates for the top job -- all male -- the center-right Democratic...

The leaders of the two communities in Cyprus, President Nicos Anastasiades and Turkish Cypriot leader Mustafa Akinci, have decided to intensify the Cyprus negotiations, aiming at reunifying the island. In a statement read out on behalf of the two leaders,...

Cyprus President Nicos Anastasiades met with the Minister of Foreign Affairs of the Russian Federation Sergey Lavrov on the ongoing UN-led negotiations on the Cyprus problem, in New York.  In statements to the press after the meeting, Anastasiades said it was particularly productive,...

The leaders of organizations of Cypriots overseas have pledged to return to their countries and continue the struggle in support of Cyprus. At the completion of the 18th International Conference of Overseas Cypriots (POMAK-PSEKA) and the Conference of the Executive Council...

The European Union has solved a long dispute over a special cheese from Cyprus by deciding to recognize it by both its Greek and Turkish name. The famous halloumi cheese -- or hellim for Turkish-Cypriots -- is now officially a protected designation...

Greek bank subsidiaries in Cyprus are protected, Cyprus Central Bank (CBC) Supervision Department Head Yiangos Demetriou said on Friday, dismissing concerns due to the economic instability in Greece. Speaking after a meeting with managers of Greek bank subsidiaries in Cyprus, Alpha Bank Cyprus,...

Cypriot Minister of Agriculture, Rural Development and Environment Nicos Kouyialis will seek the support of European Union member-states and other countries to proceed with the application to designate the infamous local halloumi cheese as a PDO (Protected Designation of Origin). Furthermore, according to...

The Turkish-Cypriot community objected to halloumi cheese protected designation of origin (PDO) status and claims a separate production control mechanism in the Turkish-occupied territories. Cyprus first made an application to secure PDO status for halloumi cheese in July 2014. Halloumi is...

Friday’s crucial Eurogroup meeting with both the Greek side and the Eurozone member states’ Finance Ministers appearing pleased with the negotiations outcome, is what has been described as a rare compromise. Cyprus, among the 19 Eurozone members, has welcomed...