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Cyprus

Greece, Cyprus and Egypt to Hold Summit Over EEZ and Regional Security Matters

A summit between Greece, Cyprus and Egypt is scheduled to take place tomorrow in Nicosia, aiming to develop trade and investment relations between the three countries, as well as continue negotiations on the demarcation of borders and gas fields....

Greek and Turkish Cypriot Leaders Schedule Meeting

Greek-Cypriot President Nicos Anastasiades has scheduled his first meeting with the new Turkish-Cypriot leader Mustafa Akinci, which is set to take place within the week. According to Cypriot government spokesman Nicos Christodoulides, the two men spoke on the phone on...

Cypriot Parliament President: Akinci's Election a Positive Development

The President of the Cypriot House of Representatives Yiannakis Omirou has welcomed earlier today the election of Mustafa Akinci as the new leader of the Turkish-Cypriot community. As he said, the election of the new leader of the Turkish-occupied Cypriot territories is...

Mustafa Akinci Is the new Turkish-Cypriot Leader

Former "Mayor" of the northern Turkish-occupied part of Nicosia Mustafa Akinci is the new Turkish-Cypriot leader. With 98% of the votes counted, Akinci got 60,38%, corresponding to 65,412 votes. Incumbent Turkish-Cypriot leader Dervis Eroglu got just over 39,62% (42,920...

Fitch: Cyprus May not Use Entire Bailout

Fitch Ratings said it no longer assumes that Cyprus will use the entire €10 billion of its international bailout package from two years ago. The credit ratings agency said it has affirmed Cyprus' long-term foreign and local currency Issuer Default...

President Pavlopoulos Meets Egyptian Counterpart

The way Egypt is dealing with delineating the Greek-Cyprus-Egypt Exclusive Economic Zone "is exemplary," President of the Hellenic Republic Prokopis Pavlopoulos said on Thursday, after a meeting with Egyptian President Abdel Fattah el-Sisi in Cairo, unlike the way other...

Anastasiades: We Have the Will and Determination to Reach a Solution Over Cyprus Problem

Cypriot President Nicos Anastasiades highlighted that the prospects to resume talks on the Cyprus problem are being created. As he noted, the dialogue between the Greek-Cypriot side and the Turkish-Cypriot community must be free from threats and blackmail, while adding that the Republic of Cyprus...

US Secretary of State Kerry: Cyprus Problem Begging for Solution

US Secretary of State John Kerry said yesterday that the Cyprus problem is begging for an international solution and progress in United Nations-backed peace talks. Speaking before a meeting with Turkish Foreign Minister Mevlut Cavusoglu at the State Department, the US official...

President Anastasiades Calls For Unity Ahead of Cyprus Problem Talks

The President of the Republic of Cyprus Nicos Anastasiades called for unity today in order to achieve the necessary conditions for a peaceful settlement of the long-standing Cyprus problem. In the occasion of the 48th anniversary of the April 21,...

The Mousetrap of Banking

Pick up a stone off the ground, turn it upside down and you will soon discover another thriving virus of corruption lurking under it. To the dismay of citizens, a fine web of dishonesty has deeply infiltrated into the...