Fitch Downgrades Bank of Cyprus

Fitch Ratings has downgraded Bank of Cyprus (BoC) and has revised the outlooks for the island’s other two banks to negative, citing their exposure...

Cypriot President to Testify for Naval Base Tragedy

It is very possible that the President of the Republic of Cyprus Mr. Demetris Christofias and the members of his office will be...

Cyprus: Cabinet Adopts Austerity Measures

Minister of Finance Kikis Kazamias said the abolition of the pension fund for civil servants and semi-governmental employees, provided for in the package of...

Fitch Downgrades Cyprus to “BBB”; Outlook Negative

Fitch Ratings announced on Wednesday that it has downgraded Cyprus’s credit outlook to “BBB” from “A-“, negative outlook. Specifically, Fitch has downgraded the Republic...

Ivi Adamou to Represent Cyprus in Eurovision Song Contest

The Cypriot Channel RIK asked the 17 year old singer Ivi Adamou to represent Cyprus at the Eurovision Song Contest 2012. The contest will...

Christofias: UN, EU should end Turkish threats against Cyprus’ EEZ

President of the Republic Demetris Christofias has stressed that recent statements made by Turkish Prime Minister on the Cyprus issue destroy any prospects to...

Stephanou: Turkish Threats Against Cyprus’ Natural Resources, Unacceptable

The Republic of Cyprus has the sovereign right to exploit its natural resources within the international law and order, Government Spokesman Stephanos Stephanou has...

Oil Constitutes “Casus Belli” for Cyprus and Turkey

The Turkish Ministry of Foreign affairs announced that the search for oil in the continental shelf of the eastern Mediterranean in Cyprus will...

Awakening Volunteers March For Cyprus

The group “Awakening Volunteers” organizes a 300 km march in honor  of  the Cyprus National Guard Naval Base in memory of the 13 victims...

Cyprus: New Cabinet Announced Friday

President of the Republic of Cyprus, Demetris Christofias, appointed a new cabinet, it was officially announced Friday morning. The new Cabinet comprises of: Minister...

Cyprus Leaders Meeting Postponed

The meeting between Cyprus President Demetris Christofias and Turkish Cypriot leader Dervis Eroglu scheduled to take place on Friday, in the framework of direct...

British Suspect for Property Usurpation Extradited to Cyprus

A 48-year-old British suspect for the usurpation of Greek Cypriot properties, occupied since the Turkish invasion of the Cyprus in 1974, will be extradited...

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