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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 a growing public deficit. "The economy of Cyprus continues to have healthy foundations despite the problems,...

Greek PM Pays Tribute to Late Cyprus President Christofias

Greek Prime Minister Alexis Tsipras, who was in Cyprus to attend the funeral of former Cyprus president and AKEL leader, Demetris Christofias, said that the memory of the Cypriot leader will always burn bright. Tsipras, accompanied by Cyprus President Nicos Anastasiades,...

Late President Christofias to be Buried with State Honors in Nicosia

Dimitris Christofias, the former Cypriot president who died last Friday at the age of 72, is to be buried on Tuesday at 5 PM with full state honors at Strovolos Cemetery in Nicosia, it was revealed on Monday. The funeral...

Christofias Blames Banks for Bailout

President Demetris Christofias on Tuesday blamed "criminal" action by Greek-exposed banks for Cyprus having to accept painful bailout terms for EU aid. In a move to calm growing unrest over job losses and pay cuts, Christofias addressed the nation on...

Cypriot President Christofias Vows to Defy Troika

Cypriot President Demetris Christofias has promised he will not obey orders from international lenders to cut wages in return for a bailout as he prepared to push political leaders to rally behind him before he starts negotiations to get...

Christofias: Cyprus Aims to Avoid Greek-Style Recession

Cyprus wants to avoid a painful recession like Greece is going through as it continues talks with the European Union and International Monetary Fund on bailout terms, President Demetris Christofias said. “You’ve already lived through it but we don’t want...

Struggling Christofias Sets Cyprus' Agenda for EU Presidency

ATHENS - Failing to meet his goal of finding peace with Turks occupying the northern third of the island and with his country’s banks needing a bailout to stay solvent, Cypriot President Demetrios Christofias laid out plans for what...

Demetres Christofias Does Not Exclude Bailout Mechanism for Cyprus

“Cyprus can't rule out external support for Greek-ravaged bank,” is an article on Reuters reporting that Cypriot Demetris Christofias, having evaluated the critical financial situation of his country, can’t exclude a bailout package for Cyprus. Christofias said on Friday he...

Christofias – Barroso Joint Conference

Preparations for the Cypriot Presidency are at an excellent state, EU Commission Presidenty Jose Manuel Barroso has said. According to a press release issued here on Wednesday, Barroso was speaking during a joint press conference with President of the Republic...

Christofias Informs Papademos About Developments in Cyprus Problem

Cyprus President Demetris Christofias informed Greek Prime Minister Lucas Papademos on Tuesday, during a telephone conversation, about the latest developments in the Cyprus problem, in view of the meeting at Greentree, New York, between UN Secretary General Ban Ki-Moon, President Christofias...

Christofias Will Not Bend to UN or Turkey: 'We Will not Offer Earth and Water'

The Greek Cypriot side will participate in the Greentree meeting with UN Secretary General and the Turkish Cypriot leader, but not with the intent of offering “earth and water”, President of the Republic of Cyprus Demetris Christofias has said. “We...

“Nothing’s Changed,” Christofias Says After Meeting With Eroglu

President of the Republic of Cyprus Demetris Christofias said that nothing has changed in the meeting he held Monday with the Turkish Cypriot leader Dervis Eroglu, in the context of UN -led peace talks for a political settlement in...

Christofias: Differences Between Τwo Sides Remain

Differences remain between the two sides in negotiations to solve the Cyprus problem, President Demetris Christofias said on Wednesday, after a meeting with Turkish Cypriot leader Dervis Eroglu. Speaking on his return to the Presidential Palace, after the UN-led meeting,...

Christofias Announces Vast Reserves of Natural Gas

Cyprus President Demetris Christofias announced that the results of Noble Energy`s exploratory drilling in Cyprus` block 12 are positive, describing the discovery of hydrocarbons as historic for the island. In a televised address on Wednesday, Christofias said that Noble discovered...

Christofias: Cyprus EU Presidency will be European and Objective

The Republic of Cyprus will hold a European and objective presidency of the Council of the EU in the second half of 2012, President of Cyprus Demetris Christofias has stressed. In his intervention at the European Council which wrapped up...