Cyprus
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Cyprus

Cyprus
Cyprus
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.
Capital
Nicosia
Head of State
President Nikos Christodoulides
Head of Government
President Nikos Christodoulides
last updated:
29 November, 2024
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