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  • October 31, 2014
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  1. News - World - Cyprus

    Cyprus president has ‘guarded optimism’ over US-brokered peace deal

    Posted Feb 13th 2014, 04:27pm by Agence France-Presse in Nicosia

    ... in mid-2012 when Anastasiades’s internationally-recognised government assumed the European Union’s rotating presidency. Cyprus has been divided since Turkish troops invaded and occupied its northern ...

  2. News - World - Cyprus

    Cyprus in ‘superhuman effort’ to reopen banks

    Posted Mar 26th 2013, 10:59pm by Agence France-Presse

    ... Cyprus bailout plan rejected by parliament earlier this month, should be sacrosanct in the European Union. “The guarantee of deposits should be an absolute, irrevocable principle,” he said. ...

  3. News - World - Cyprus

    Cyprus to present redrafted bailout 'Plan B'

    Posted Mar 20th 2013, 09:51pm by Agence France-Presse

    ... Agence France-Presse in Nicosia President Nicos Anastasiades demands bailout decision by Thursday President Nicos Anastasiades has demanded that a decision on a bailout deal for the near-bankrupt euro zone member must be made on Thursday, the official CNA ...

  4. News - World - Cyprus

    Cyprus girds for run on banks after sealing bailout

    Posted Mar 25th 2013, 09:33pm by Reuters in Nicosia

    ... Reuters in Nicosia The president of Cyprus assured his people a bailout deal he struck with the European Union was in their best interests and would end anxiety, but he also announced ... controls, preventing people moving funds out of the country, are at odds with the European Union’s ideals of a common market but the government may fear an ebb tide of panic that would cause even ...

  5. News - World - Cyprus

    Closure fears spark run on Popular Bank in Cyprus

    Posted Mar 23rd 2013, 12:00am by AFP

    ... Agence France-Presse in Nicosia Closure fears spark run on second-largest lender Anxious Cypriots queued outside Popular Bank ATM machines to withdraw their cash as fears rose that the country's financial crisis would mean its second-largest lender c ...

  6. News - World - Cyprus

    Cypriots head to polls for new president, euro bailout in the balance

    Posted Feb 17th 2013, 03:04pm by Agence France-Presse in Nicosia

    ... backed by the communist AKEL party. Anastasiades, who has been way ahead in opinion polls, is seen as someone the European Union can do business with, while his stance on ending the division ...

  7. News - World - Cyprus

    Foreigners who lost 3m euros or more in Cypriot bailout to get passports

    Posted Apr 16th 2013, 12:00am by AFP

    ... Agence France-Presse in Limassol, Cyprus €3m loss under Cypriot bailout earns a passport Foreigners with bank deposits in Cyprus who lost at least €3 million (HK$30 million) under the European Union bailout would be given passports, President Nicos Anastasiades said. Non-resident investors who held such deposits before the bailout would be eligible to apply for Cypriot ...

  8. News - World - Cyprus

    Cyprus approves first EU bailout measures as clock ticks

    Posted Mar 22nd 2013, 08:56pm by AFP

    ... be physical,” said one source, and “start at 5:00 pm (1600 GMT) on Sunday,” said a second, with the third confirming later that “Sunday is on. It’s definite.” As the crisis dragged on, European Union ...

  9. Business - Money - Cyprus

    Cyprus bailout deposit tax rattles global markets

    Posted Mar 18th 2013, 11:17am by Associated Press

    ... Associated Press in London Stocks around the world and the euro fell sharply Monday as investors fretted over a plan to tax depositors in Cypriot banks as a way to partly fund a bailout of the Mediterranean island nation. Although Cyprus accounts for only around 0.2 per cent of the economic output of the 17 European Union countries that use the common euro, the tax on depositors ...

  10. News - World - Cyprus

    Chinese buy property in Cyprus to gain EU permanent residence

    Posted Feb 08th 2013, 12:00am by GDN

    ... of commerce and industry. The opportunity to secure permanent residence in an EU member state is a huge attraction for Chinese because it offers them visa-free travel throughout the union. Lisha Tang, ...



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