Calamos Supports Greece

AKEL

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...

The EU's Re-Colonization of Cyprus Under Way

Peeling an onion often brings tears to one’s eyes but not as much as peeling the layers of bitter truth about the hidden agenda of the EU. Cyprus’s membership of this undemocratic institution is not only proving to be...

Cypriot Lawmakers Narrowly OK's Bailout

The Cypriot Parliament, by the slimmest of margins, 29-27, gave approval on April 30 to an international bailout package that critics said will condemn the island country to years of hardship, recession and unemployment – but which the government...

Cyprus Expected To OK Bailout Deal

Cyprus’ lawmakers are voting April 30 on a bailout agreement aimed at preventing the country from going bankrupt that includes 10 billion euros ($13 billion) from international lenders but requires the government to find savings and revenue-raisers of another...

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...

Charges Anastasiades' In-Law Moved $26.8M

As Cyprus’ government is under fire after reports that politicians and favored companies had loans written off while big bank depositors were having up to 80 percent of their money confiscated to trigger a 10 billion euros ($13 billion)...

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 Says Cyprus Bank Probe Next

With fury in Cyprus that large account holders in the country's banks could face 80-100 percent losses and see their money confiscated by the government to meet demands of international lenders and trigger a 10 billion euros ($13 billion)...

Cypriots Frantic As Bailout Hits Bank Accounts

Angry Cypriots who weren’t notified that up to 9.9 percent of their bank deposits would be seized by the newly-elected Conservative government to help pay for bailing out the country’s economy were prevented from withdrawing their money on March...

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...