Topic
Cyprus became the latest euro zone domino to teeter in 2012 just when the worst of the crisis appeared to be over. In March 2013, a compromise rescue plan backed by euro zone finance ministers called for Cyprus to wind down one largely state-owned bank, Popular Bank. The raid on Popular Bank was intended to raise most of the 5.8 billion euros that Cyprus was required to raise as part of the bailout.
Dr Mahathir Mohamad is having the last laugh. Rather than going cap in hand to the International Monetary Fund, the former prime minister of Malaysia was called an idiot, an ignoramus and a pariah for introducing capital controls during the Asian financial crisis. Now look what's happening in Europe, especially with the latest rescue of Cyprus' banking system.
- Many of the arrested Chinese suspects had foreign passports from the likes of Cambodia and Vanuatu, where citizenship can cost as little as US$130,000
- An overseas citizenship can help wanted criminals – including from China – vanish, rebrand and get back to their illicit deeds using a new identity
Benjamin Netanyahu said he is ‘quite confident’ such an infrastructure ‘corridor’ linking Asia to Europe through Israel and Cyprus is feasible.
Shops belonging to migrants in the island’s second city Limassol were smashed and Asian delivery drivers assaulted in a string of violent incidents which started on Friday night.
They attempted to block construction of a controversial road in the buffer zone – the line that slices between the Greek and Turkish sides of the island.
David Hunter made a snap decision to suffocate his 74-year-old wife because he could no longer stand to see her weeping in pain, court said.
Initiative by BirdLife Cyprus NGO and Cypriot government aims to encourage farmers to abandon poison to deal with the rodent problem and help boost the barn owl population.
The British government says the intention is to keep running evacuation flights in the ‘fast-moving situation … time-limited ceasefire’ and estimates there are about 4,000 Britons stuck in Sudan.
Nikos Christodoulides was elected president in a run-off vote, promising a unity government tasked with breaking a deadlock in peace talks with estranged Turkish Cypriots.
Former foreign minister Nikos Christodoulides or diplomat Andreas Mavroyiannis need 50 per cent plus one to succeed President Nicos Anastasiades.
Three front runners stand among a record 14 candidates, with the winner needing 50 per cent plus one vote to succeed two-term President Nicos Anastasiades.
UK investigators are on the trail of US$48.8 million used to buy property in Britain, which they believe may have been laundered. Gulnara Karimova is in prison on embezzlement and criminal conspiracy charges.
The two countries are set to agree a deal as soon as Monday to ramp up joint efforts to stop illegal migrants from making crossings of the English Channel.
Defence Minister Nikolaos Panagiotopoulos said Türkiye’s ‘revisionist and destabilising behaviour’ undermines security in the wider eastern Mediterranean region.
Readers worry other European countries will also start seizing Russian assets, criticise Nato’s ‘Goldilocks’ approach to supporting Ukraine, and explain why the conflict is nothing like the 1974 Cyprus war
The lifting of the embargo is conditional on Nicosia continuing to block Russia warships from its ports.
A scientist in Cyprus has defended his assertion that a new strain of Covid-19 exists that combines characteristics of the Delta and Omicron variants.
The Auvergne was commissioned three years ago. It has advanced sonar equipment and specialises in anti-submarine warfare.
An investigation found that Derby County FC was prepared to go through with a US$137 million sale to a fictitious Chinese buyer.
The fire on Evia forced the Friday night evacuation of about 1,400 people from a seaside village and island beaches after the flames cut off other means of escape.
The HMS Queen Elizabeth is leading nine ships on a 42,000-mile deployment across the Mediterranean, the Indian Ocean and East Asia. More than 100 crew were infected during a port call in Cyprus.
‘Largest fire since 1974’ on eastern Mediterranean island destroys dozens of homes, kills four.
Cyprus government spokesman Marios Pelekanos said Greece is sending two firefighting planes and Israel has also dispatched aircraft.
More than 3,000 foreign investors who stumped up a minimum of 2 million euros were given Cypriot passports between 2013 and 2019.
Celebrations are to culminate in a military parade, accompanied by air force overflights, in central Athens on Thursday, Greece’s Independence Day.
The song ‘El Diablo’, Spanish for ‘The Devil’ by singer Elena Tsagrinou has been criticised because it deals with the devil.
Cyprus has been split along ethnic lines since a Turkish invasion in 1974 triggered by a brief Greek-inspired coup.
Beijing ‘fully believes that the international community can see the true colours of certain US politicians’, Chinese embassy in Nicosia says.
An undercover report by Al Jazeera used hidden cameras to show an official and a lawmaker pledging ‘full support’ to granting a passport to a fictitious Chinese investor.
Northern Cyprus says it will soon reopen the derelict district of Varosha, a once popular tourist resort favoured by film stars such as Elizabeth Taylor and Raquel Welch which has remained a ghost town since a Turkish military invasion decades ago.
