Cyprus


Russia crisis could keep Cyprus in recession

2015-01-15 14:25

Economic woes in Russia are tempering prospects of bailed-out Cyprus returning to growth in 2015 and mean the island nation risks a fifth year of recession.

Bank of Cyprus begins trading with a bump

2014-12-16 16:45

Cyprus's largest lender has returned to the Nicosia and Athens stock markets after a 21-month absence following a banking crisis.

Cyprus president ill, to skip EU summit

2014-10-23 16:42

Cyprus President Nicos Anastasiades has been briefly hospitalised with high blood pressure in Brussels and asked Greece’s PM to stand for him at an EU summit, the government says.

Laughing traffickers sink boat with 500

2014-09-16 17:23

Survivors of the most deadly migrant shipwreck in years have described the horrifying moment traffickers capsized their boat and left them to drown.

Bailed-out Cyprus returns to bond market

2014-06-18 19:39

Cyprus has returned to international debt markets, just a little over a year after being forced to accept a €10bn bailout, with a five-year bond issue.

Cyprus Pride march to highlight lack of gay rights

2014-05-29 18:22

Cyprus's first Gay Pride march will highlight the lack of legal rights for lesbian, gay, bisexual and transgender (LGBT) citizens 16 years after homosexuality was decriminalised.

Cyprus a 'disaster zone' for birds

2014-05-20 09:55

Under the cover of night, activists patrol key poaching sites in Cyprus, described as an ecological disaster zone for endangered migratory birds on their Mediterranean stopover.

Cyprus scraps cash withdrawal limits

2014-03-30 12:12

Cyprus has abolished restrictions on cash withdrawals imposed a year ago to avoid a run on the banks during bailout negotiations.

Cyprus appoints first woman central banker

2014-03-11 16:40

Cyprus has appointed its first ever woman to head the central bank, replacing an academic who quit over a chaotic international bailout last year.

Cyprus to name new cabinet mid-March

2014-02-28 22:21

Cyprus President Nicos Anastasiades will unveil a new cabinet line-up in mid-March after a walkout by his coalition partner over resumed reunification talks with the Turkish Cypriots.

 

Plans to resuscitate Cyprus Airways

2015-01-11 13:45

A day after shuttering Cyprus Airways for lack of funding, the Cypriot government floated plans to revive the airline.

Bank of Cyprus sells UK loan portfolio

2014-11-03 13:20

The troubled Bank of Cyprus, the largest lender on the recession-hit island, has sold its UK loan portfolio as part of its restructuring.

ENI-Kogas begins search for Cyprus gas

2014-09-26 18:45

Italian-Korean energy consortium ENI-Kogas has started exploratory deep-sea drilling off the eastern Mediterranean island of Cyprus for gas deposits.

Bank of Cyprus completes €1bn placement

2014-08-05 17:49

Bank of Cyprus, the island's largest lender, has completed a €1bn capital increase in a private placement to help it restructure following a haircut on deposits.

Thousands march in Cyprus' first gay pride

2014-05-31 22:46

Thousands of people have marched in Cyprus' first gay pride parade, calling for equal rights in a country where homosexuality is still vehemently opposed by an influential Orthodox Church.

Bomb scare at Cyprus airport ahead of Biden visit

2014-05-20 11:35

A bomb scare at the main airport in Cyprus forced its evacuation, police said, only a day before US Vice President Joe Biden visits the Mediterranean island.

BoC revises offer to offload Ukraine unit

2014-04-07 13:00

Bank of Cyprus says it is looking positively at a revised offer to sell its loss-making PJSC Ukrainian unit to Russia's Alfa Group as part of a restructuring drive.

Rogue Libya oil ship returned

2014-03-18 07:38

US Navy Seals have captured an oil tanker that had loaded crude at a rebel-held port in eastern Libya and escaped to sea, the Pentagon says.

Cyprus central bank governor resigns

2014-03-10 17:45

Cypriot Central Bank governor Panicos Demetriades his tendered his resignation, which was accepted by President Nicos Anastasiades.

Bank of Cyprus 2013 loss narrows

2014-02-28 19:45

Bank of Cyprus, the island's largest lender, announced a 2013 net loss of 2.04bn, an improvement on the previous year's €2.21bn loss.

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