Former Cyprus FinMin Sarris Released on Bail

Former Finance Minister of the Republic of Cyprus Michalis Sarris was released on bail yesterday, after paying ca. €47,000 to the court of the...

Cyprus: Leaders meet Friday ahead of New York meeting

President Demetris Christofias and Turkish Cypriot leader Dervis Eroglu meet Friday in the context of the ongoing UN-led peace talks, for a solution to...

EU Lawmaker Asks the Repeal of Anti-Gay Law in Northern Cyprus

EU legislator Marina Yannakoudakis asked the repeal of an anti-gay law in the Turkish occupied North Cyprus while meeting with Turkish Cypriot leader Dervis...

Cyprus to Cancel Military Exercises

The Republic of Cyprus has decided to cancel ''Nikiforos - 2011'' the military exercise, expecting Turkey to follow suit and cancel its military exercise...

Cyprus: National Council to Convene on Friday

The National Council, the top advisory body to the President of the Republic on the handling of the Cyprus problem, will convene on Friday. President...

IMF Warns Cyprus of Possible Fiscal Shortfall

The IMF warned Cyprus that its economy faces “substantial downside risks”. In its annual review on the Island’s economy, the IMF urged the government to intensify...

Former Cyprus Finance Minister Arrested for Sex Scandal

Former Finance Minister of the Republic of Cyprus Michalis Sarris was arrested yesterday in Turkish-held North Cyprus, charged of  having sex with minors, said...

Undersea Gas Deposits in Cyprus Bigger than Projected

US-based Noble Energy has discovered  gas in Block 12 of Cyprus’ Exclusive Economic Zone (EEZ).  The reserve is thought to be 30-40% higher than...

Vanishing Cyprus: Bank Domination

What the people of Greece are going through is certainly a crime against humanity! We are seeing a human tragedy unfolding in front of...

Nobel Winner Pissarides Says No Default, But Big Haircut

As Greek leaders are admitting that the country’s investors won’t get paid back all they are owed, Cyprus’ Nobel Prize Winner for Economics Christopher...

Fule Warns Turkey Against Use of Military Force Due to Cyprus’ Drilling

EU Commissioner for Enlargement Stefan Fule has stressed that the Republic of Cyprus - like all EU member states - has the right to...

Ministers of Unrecognized Turkish-Cypriot Government Use Republic of Cyprus Passports

Turkish-Cypriot daily Yeni Duzen reports that ministers of North Cyprus possess passports of the Republic of Cyprus despite their public rejection of the Republic...

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