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Turkey: Cyprus Crisis is Chance to End Division

Turkish President Abdullah Gul said on Wednesday the financial crisis in Cyprus presented an “important opportunity” to end the division of the island, split...

Greece and Cyprus Leave Eurozone, Adopt Dralira

Saying they would no longer put up with being told what to do and to keep imposing pay cuts, tax hikes, slashed pensions and...

Schaeuble: Cyprus is a “special case”

German Finance Minister Wolfgang Schaeuble has said savings accounts in the eurozone are safe, adding that Cyprus is a "special case" and not a...

Big Solidarity Concert in Cyprus

A solidarity concert under the title Cyprus Aid is scheduled for April 1 at Tafros Costanza in Nicosia with 50 artists from Greece and...

Cyprus’ Banks Reopen To Crowds

After being closed for two weeks while the government negotiated a bailout deal with international lenders that will see depositors holding uninsured accounts of...

Cyprus’ Crisis Could Last For Years

The Cypriot banking crisis is yet another blow to the Eurozone system, but it is the Cypriot people who are experiencing the true impact...

Cyprus to Restrict Money Flow within Eurozone

Cyprus is imposing unprecedented controls on Cypriot bank depositors moving their money within the common euro currency union as it looks to reopen its...

Cyprus Finance Minister: Uninsured Laiki Depositors Could Face 80% Haircut

Cyprus΄s finance minister said Tuesday that large deposit holders at Cyprus Popular Bank PCL (CPB.CP), the island΄s second biggest lender, could face losses of...

Cyprus’ Banks to Remain Closed until Thursday

Cyprus ordered banks to remain closed for two more days over fears of a run by customers trying to get their money out, after...

Vladimir Putin Orders Cabinet to Study Restructuring Greek Cyprus Loan

President Vladimir Putin has instructed his government to negotiate the restructuring of a Russian bailout loan to Greek Cyprus, his spokesman Dmitry Peskov said...

Eurogroup Reaches Agreement on Cyprus Bailout

The Eurogroup has reached an agreement with the Cypriot authorities on the key elements necessary for a future macroeconomic adjustment programme. The Eurogroup has reached...
Explosion at Bank of Cyprus ATM

Angry Cypriots Blow Up ‘Bank of Cyprus’ ATM

An explosion took place at a cash machine in Cyprus as last-minute talks begin aimed at saving the country's crippled economy. The home-made bomb exploded...

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