Cyprus

Turkey would consider annexing northern Cyprus, which is technically EU territory, if talks between Greek and Turkish Cypriots fail to reach a deal on reunification of the island, Turkey's European Affairs Minister Egemen Bağış told a Turkish Cypriot newspaper.  

NICOSIA, Cyprus - Cyprus' central bank chief says the country is increasingly likely to have to ask for EU bailout money to help rescue its banking sector. Panicos Demetriades has told the Financial Times in an interview Cyprus is struggling to find €1.8 billion ($2.23 billion) to inject in the seco  

Cyprus sees chances of EU bailout increasing NICOSIA, Cyprus (AP) — Cyprus looks increasingly likely to have to ask for EU bailout money to help rescue its troubled banking sector, the island's Central Bank governor has said. [...] state coffers are running dry because Cyprus is unable to borrow from international markets after two of the world's top three credit ratings agencies downgraded the island's creditworthiness to junk status. The...  

NICOSIA, Cyprus (AP) — Cyprus' central bank chief says the country is increasingly likely to have to ask for EU bailout money to help rescue its banking sector. Panicos Demetriades has told the Financial Times in an interview Cyprus is ...  

(RTTNews) - Cyprus is closer to seeking financial assistance from the European Union as large exposure to Greek debt left the country's banking sector more vulnerable to contagion effects, central bank governor Panicos Demetriades indicated during an ...  

Cyprus is increasingly likely to seek European aid to deal with the impact of the Greek crisis on its own banking system, the country’s central bank governor has told the Financial Times. Michalis Sarris, Popular Bank’s chairman, also suggested the ...  

Spain's ruling party has begun to crack under pressure, signalling for the first time that the country may need a European rescue to shore up its banking system. "A bail-out would not be the apocalypse," said José María Beneyto, foreign affairs spokesman in Spain's parliament. "You have to live with it. We have got to escape this or we'll go mad worrying about bonds spreads." Mr Benyeto accepted that it would mean cuts in salaries and pensions...  

In February, Israel's Prime Minister Benjamin Netanyahu voyaged to the Greek-Cypriot capital of Nicosia (the first such visit ever by an Israeli leader) to expand and formalize trade pacts between the two unlikely partners. To a large degree ...  

A little while ago Blueprint decided to take a trip to escape from the winter for a week. The team ended up in sunny Cyprus and here is what went down. Related posts:Blueprint x Emerica Tom Knox PartBlueprint Land, Air, SeaNeil Smith Pro For Blueprint  

Cyprus appears to be edging closer to a bailout, with the central bank governor saying that the country will seek European Union aid if necessary. The comments by Panicos Demetriades, made in an interview with the Financial Times, echo remarks ...  

Cyprus appears to be edging closer to a bailout, with the central bank governor saying that the country will seek European Union aid if necessary. The comments by Panicos Demetriades, made in an ...  

Telegraph.co.ukSpanish rescue draws closer as Cyprus bucklesTelegraph.co.ukSpain's ruling party has begun to crack under pressure, signalling for the first time that the country may need a European rescue to shore up its banking system. By Ambrose Evans-Pritchard "A bail-out would not be the apocalypse," said José María ...How could Spain's 'secure' banks descend into crisis?The GuardianThe euro crisis How to save SpainThe EconomistPanic in...  

The tiny island nation may need a bailout to recapitalize its banks, which are feeling the effects of the crisis in Greece, its neighbor, the country’s central bank governor has told the Financial Times. NATO Secretary-General says the ...  

UN Secretary-General Ban Ki-moon said progress in the talks to reunify the divided island of Cyprus was insufficient to call an international conference. The statement appears to put an end to hopes that Cyprus' upcoming EU presidency could be a catalyst ...  

Cyprus is increasingly likely to seek European aid to deal with the impact of the Greek crisis on its own banking system, the country’s central bank governor has told the Financial Times. In an interview, Panicos Demetriades acknowledged that with a ...  

The division of Cyprus represents one of the most difficult issues affecting EU-Turkey relations, with the future of Turkey's accession talks hinging on the successful resolution of the problem. Despite repeated efforts under the auspices of the UN to ...  

Cyprus is a popular destination for Russian capital. Present most conspicuously in the banking, energy, financial services and property sectors, Russia has become a key player in the Cypriot economy. Official figures released last year show that Russian ...  

NICOSIA, Cyprus — Cyprus' president said Friday that he has tasked officials to draw up plans on how the country would deal with Greece's possible exit from the eurozone. Dimitris Christofias said that conditions would be "chaotic" if debt ...  

NICOSIA (Reuters) - Cyprus said on Friday it could not exclude a bailout to recapitalise a bank hobbled by exposure to Greek debt, but said it would be "chaotic" if the neighbouring country left the euro zone. Cypriot President Demetris ...  

NICOSIA, Cyprus - Cyprus' president said Friday that he has tasked officials to draw up plans on how the country would deal with Greece's possible exit from the eurozone. Dimitris Christofias said that conditions would be "chaotic" if debt ...  

[Egypt Online] Foreign Minister Mohammed Kamel Amr will visit Doha on Saturday to participate in the extraordinary Arab ministerial meeting to discuss the latest developments in Syria.  

Bank of Cyprus UK is writing to its 50,000 British savers to tell them it is restructuring its business to bring their accounts – worth almost £1billion – under the wing of the British depositor protection scheme.  

The EU-wide unemployment for April rose marginally to 10.3% (from 10.2% in March), which corresponds to 24.66 million unemployed persons, of which 17.40 million are coming from the Euro area member-states.  

Therefore, threatening to annex northern Cyprus to Turkey, as Turkish Minister for EU Affairs Egemen Bagis did, is bound to backfire. Wavering to act on this threat would only diminish the credibility of the Turkish government before the Turkish people and ...  

Louis Hotels have over 60 years experience in the hospitality industry and are a leading hotel chain in both Cyprus and Greece. With over 12,000 beds across Cyprus, Crete, Corfu, Zakynthos, Rhodes and Mykonos including 19 four–star and five–star hotels ...  

So why not combine this with guaranteed sun and tasty meze at Annabel Croft’s new tennis academy in Cyprus? Her academy in south-west London has already trained more than 1,000 players. And now the former Wimbledon junior champion has brought her unique ...  

AUSTRALIA’S Governor-General, Quentin Bryce, met President Demetris Christofias yesterday as part of an official three-day state visit to Cyprus. Christofias said the two “had the opportunity to discuss the strengthening of our bilateral ...  

(ANSAmed) - NICOSIA, MAY 31 - The Conference of Presidents of the European Parliament, consisting of the President of the Parliament Martin Schulz and the presidents of the political groups, convenes Thursday in Nicosia, in view of the Republic's upcoming ...  

Establishing Cyprus International Trust is an ideal way of securing your assets. There is no country in the world that offers as much advantage as Cyprusis offering to businesses and investments. However, it is important that investors are made aware of the rules in international trust formation to guarantee minimal tax payments and haven of [...]  

The incoming Cypriot EU presidency is worried that Syrian refugees could arrive en masse if the conflict gets worse.Related StoriesEU assistance to north Cyprus tangled in conflictParliament hopes to bridge divide on EU transparency rules  

Could Cyprus pull Turkey and Israel into war?While Ankara is keen to mend fences with Tel Aviv after recent tensions, the latter appears to be turning the tables, creating sparks over Cyprus, writes Sayed Abdel-MeguidPerhaps the watchword for developments on the Aegean- Eastern Mediterranean axis, where Turkey and Israel have been engaging in bouts of muscle flexing and squabbles over deep-sea oil, is "posturing". By no means does this apply...  

Jun 01, 2012 (Close-Up Media via COMTEX) -- Research and Markets has announced the addition of the "Cyprus - Mobile Market Insights, Overview and Statistics" report to its offerings. In a release, Research and Markets noted that report ...  

A Name Change for the Turkish Republic of Northern Cyprus?By: Sefa Karahasan posted on Tuesday, May 29, 2012The Council of Ministers of the Turkish Republic of Northern Cyprus (TRNC) has decided to remove the “TRNC” designation from its passports, and replace it with “Cyprus Turkish Republic” (CTR). The Council also decided to add the a “Nationality” field to national identification cards and passports, in which “Cypriot Turk” is to be...  

Cheap Flights to North Cyprus. Calendar May 29, 2012 | Posted by timcarter. We can offer you a large selection of flights to north Cyprus and Turkey. Who are we? We are Green Island Holidays an independent operator specialising in ...  

(ANSAmed) - NICOSIA, MAY 30 - An ecological military camp, the only one which exists in Europe, was inaugurated yesterday in Cyprus with the participation of Defence Minister Demetris Eliades and Agriculture, Natural Resources and Environment Minister ...  

The Court of Justice ruled that the tax on a second-hand car from another Member State cannot be higher than the "residual tax" incorporated in the value of a similar vehicle registered nationally (Article 110 of the Treaty on the Functioning of ...  

DUBLIN--(BUSINESS WIRE)--Dublin - Research and Markets (http://www.researchandmarkets.com/research/84rvcf/cyprus_mobile_ma) has announced the addition of the "Cyprus - Mobile Market Insights, Overview and Statistics" report to their offering. The Cypriot mobile market is served by two mobile network operators (Cytamobile-Vodafone and MTN Cyprus), which have both launched 3G and HSPA services. A third operator, PrimeTel Mobile, launched...  

STOCKHOLM (Dow Jones)--Swedish property company Kungsleden AB (KLED.SK) Thursday downgraded its profit guidance for 2012, following a verdict by Sweden's Supreme Administrative Court in the so-called "Cyprus Case." Kungsleden now expects a 400 ...  

With the likes of Georgios Efrem, Andreas Avraam, Constantinos Makrides and Andre Alves, Omonia looks pretty solid up front, so this was the reason for the first two newcomers to be Swiss goalkeeper Johnny Leoni and French defender Anthony Scaramozzino.  

The new amendments clearly state that the settlor and beneficiaries of the trust may not be a tax resident of Cyprus only in the year proceeding the year of creation of the trust. It also removes the restriction on ownership of immovable property in Cyprus.  

Cyprus has extended tax incentives for foreign buyers. The House of Representatives yesterday voted to continue the Property Transfer Fee regulations, introduced last December, until the end of 2012. For those who pay VAT on property transactions ...  

Some of the high profile names who played on the side of Ibrahim Bunduka include Ayo King, Desmond Wellington, Mohamed Fornah, Alimu System Koroma, Man of God, Francis Zappa Koroma and others. Ibrahim Bunduka told Sierra Express Media Sports that he is ...  

Cypriot President Demetris Christofias said on Monday that Turkey needs to recongise Cyprus' sovereignty. He described Turkey's position as leaning "towards threats". Christofias said he intends to unify the island despite Turkey's "unacceptable attitude". The northern half of the island is ruled by the Turkish Republic of Northern Cyprus.  

British couples who are looking to plan destination weddings are being encouraged to have their nuptials on the island of Cyprus by the local tourist board. There is a wide selection of UK flights to the island nation and the breathtaking landscapes ...  

A team of archaeologists from a Texas theological seminary and the University of Cyprus is hoping to reveal the ordinary domestic lives of Cyprus’ early Christians in a new dig at Kourion (Curium) which was destroyed by a series of earthquakes around 365 AD. The team at the beginning of the dig [Credit: Cyprus Mail]A long-cherished hope of team leader Professor Thomas Davis is that excavations will also uncover the island’s first ever “house...  

There is no “easy” way to get to southern Cyprus by land and sea; in fact there are hardly any ways at all. The regular Salamis Lines ferry service linking Rhodes, Limassol (southern Cyprus) and Haifa (Israel) was halted in 2002. Louis Cruise Lines ...  

Cyprus Popular Bank Pcl (CPB), the island’s second-biggest bank, posted a 23 percent decline in first- quarter net income after provisions for bad loans climbed and Greece’s debt crisis worsened. Profit fell to 54.8 million euros ($69 ...  

May 29 (Reuters) - Cyprus's Popular Bank, the country's second-largest lender posted a 23 percent drop in first-quarter net profit as the worsening situation in the Greek market took its toll on the bank's loan portfolio. Popular, formerly known ...  

NICOSIA, Cyprus, May 25 (UPI) -- Turkey says waters off the coast of war-divided Cyprus where Greek Cypriots plan to explore for natural gas lie within its continental shelf, sharpening multi-sided disputes over major fields under the eastern Mediterranean. Presented By: Amplify Your Brand During Small Business Week for a Buck   Do you need more media exposure for your small business? What business doesn’t? We want to...  

After the success Nathan Lee Xuereb had in The 3rd Malta International Double Trap Grand Prix, he managed to lead in the qualifications in the Juniors Double trap event at The European Championships 2012 at Larnaca, Cyprus.  

NICOSIA, Cyprus, May 29, 2012 /PRNewswire via COMTEX/ -- Leading Binary Options platform provider, SpotOption, has now officially become the only market maker (S.O. SpotOption) regulated by the Cyprus Securities and Exchange Commission.  

NICOSIA, Cyprus, May 29, 2012 /PRNewswire/ -- Leading Binary Options platform provider, SpotOption, has now officially become the only market maker (S.O. SpotOption) regulated by the Cyprus Securities and Exchange Commission. SpotOption is proud to announce their new role as CySEC...  

Infinia to Supply 25.5-Megawatt Solar Thermal Project in CyprusBloombergInfinia Corp., a developer of power systems that convert solar heat to electricity, said it won a contract to supply equipment to a 114 million-euro ($143 million) project in Cyprus. The US company will provide so-called Stirling engines to a ...and more »  

NACKA, Sweden--(BUSINESS WIRE)--Regulatory News: Fabege (STO:FABGA): The Supreme Administrative Court (SAC) has announced its verdict on the tax evasion issue known as the Cyprus case. The SAC’s ruling means that the Tax Evasion Act has been deemed applicable to the Cyprus case and that the transaction should be taxed. The verdict that has now been announced in the Cyprus case bears similarities to Fabege’s dormant tax cases, although several...  

The Limassol side still nearly equalized when Chris Dickson had a one-on-one chance against goalkeeper Antonis Giorgallides to beat in the second half. Later, a powerful shot by teammate Edmar struck the post. Omonia finished its league campaign in third ...  

NICOSIA, Cyprus (AP) — Cyprus President Dimitris Christofias says he will not seek re-election for a second term because there is little hope that long-running talks with breakaway Turkish Cypriots to reunify the ethnically split island will succeed when ...  

Recently, it was alleged that, in the event of failure of the ongoing reunification talks on the Cyprus issue, a 'Plan B' is prepared for north Cyprus: to 're-brand' the self-declared Turkish Republic of Northern Cyprus (TRNC) as 'Turkish-Cypriot State ...  

The European Parliament's chief criticised Turkey Monday for threatening to freeze ties with the EU when the bloc's rotating presidency shifts to Cyprus, which Ankara does not recognise as a sovereign state. "I criticise this. This is not possible," said Martin Schulz, the European Parliament's president, who is in Ankara for an official visit. "I take note that a candidate state says to us we will not negotiate during the presidency of a...  

Figures surrounding the Cyrus property market have been plummeting downwards for some time, but amid the country's economic crisis, a chink of positive light has appeared: luxury real estate on the island has actually resisted the recession quite well.  

Cypriot President Demetris Christofias said discussions are underway on how to protect the island's second largest bank from Greek exposure. Christofias said the Cyprus Popular Bank is vulnerable to Greece's financial and political instability. Cyprus aims to recapitalise the bank, reports the Associated Press.  

NICOSIA, Cyprus (AP) — Cyprus President Dimitris Christofias says he will not seek re-election because there is little hope the ethnically split island will be reunified by the time his tenure expires in February.Christofias said Monday his decision fulfills an earlier promise not to run for a second term if long-running talks with breakaway Turkish Cypriots weren't close to a resolution."A realistic analysis of the facts leads to the...  

The Directors' report and the Consolidated Financial Statements for the year 2011 are available on the website of the Bank of Cyprus Group at www.bankofcyprus.com (select Investor Relations / Financial Information). All Directors were members of the Board ...  

Two Egyptian judicial delegations will head for Britain and Cyprus within the coming days as part of efforts exerted to restore Egypt's looted and smuggled funds abroad, announced Foreign Minister Mohamed Kamel Amr. The first delegation will head for ...  

Turkey's military says two of its warplanes chased an Israeli aircraft that allegedly violated the airspace of the breakaway Turkish Cypriot state, where Turkey is exploring for oil and gas.A ...  

Tucked away and nestled in the foothills of the Troodos Mountains in the southeast of Cyprus is a charming village with old stone buildings, cobble stone streets, narrow winding alleys, and a colorful past. Locals believe that the name Lefkara comes from ...  

For those who do not know us, we are the anti-authoritarian student group Skapoula from Cyprus, based in Nicosia. Our call is mainly addressed to similar student groups and undertakings in Greece, while we already made some contacts with school students ...  

#26 pog Don't like to see a grown man cry! #20 rd Bin days are on Thursdays - priceless. Feeling positive, especially as my youngest's team got promoted on Saturday. Wonder when I'll get the chance to go to Wembley ;-)  

According to Anatolia’s news report, which it said was based on the statements of a Greek Cypriot official, Israeli Prime Minister Benyamin Netanyahu visited Greek Cyprus on Feb. 16 and met with Greek Cypriot leader Dimitris Christofias. It was the first ...  

Turkey fighter jets scramble after Israeli plane flies over northern CyprusThomas SeibertMay 18, 2012 ISTANBUL // Turkey said yesterday its fighter jets chased an Israeli plane over northern Cyprus this week, in what one analyst called a "game of chicken" in an area at the centre of a row over gas and oil exploration rights.More:Turkey fighter jets scramble after Israeli plane flies over northern Cyprus - The National  

Turkey is demanding that Israel explain an alleged incursion by an Israeli aircraft into northern Cypriot airspace. In a statement Thursday, the Turkish military said the Israeli plane violated the airspace five times on Monday. The statement did not identify the type of aircraft. Turkey's Foreign Ministry said it has contacted Israel's mission in Ankara to get an explanation. Israel's military has declined to comment on the...  

Turkey has threatened sanctions against 29 companies bidding to explore for oil and gas deposits off the Cypriot coast, reports AFP. US firm Nobel Energy discovered some 226 billion cubic metres of gas offshore last year. Cypriot President Demetris Christofias said exploration will continue regardless of Ankara's objections.  

Turkey's military says two of its warplanes chased an Israeli aircraft that allegedly violated the airspace of the breakaway Turkish Cypriot state, where Turkey is exploring for oil and gas.A ...  

(ANSAmed) - NICOSIA, MAY 10 - Eléa Golf Club, Sir Nick Faldo's 'Mediterranean Masterpiece' in Paphos, has announced it will stage the Cyprus Golf Federation's annual Special Olympics Open competition on Sunday June 10. The event, as Famagusta Gazette ...  

PRESIDENT OF the European Parliament (EP) Martin Schulz is in Cyprus to meet with President Demetris Christofias at his holiday home in the Limassol district to discuss Europe’s pressing issues ahead of Cyprus’ EU Presidency. The German ...  

Turkey Thursday accused Israeli airplanes of violating the airspace of northern Cyprus - recognised only by Turkey. Ankara said the Israeli plan was driven off by Turkish fighter planes. The incident happened on Monday and comes as Turkey and Israel's relations have soured recently.  

Israel denied Monday reports in the Turkish press that it planned to deploy thousands of troops in Cyprus to protect oil and gas interests in the sensitive region... Turkey's Anatolia news agency quoted a Greek Cypriot official saying that Israel planned to send 20,000 troops to the Greek part of the divided island to protect 30,000 Israelis to be employed in nascent joint oil and gas projects. Turkey on Friday threatened reprisals against...  

All of a sudden, the world has noticed Cyprus, the tiny island-nation that has been occupied by Turkish troops since 1974. Could the discovery of massive deposits of natural gas off Cyprus' shores have anything to do with it?Financial Mirror dot com - Cyprus can become a gas storage hub for the EU  

Cyprus President Dimitris Christofias says he will not seek re-election for a second term because there is little hope that long-running talks with breakaway Turkish Cypriots to reunify the ethnically split island will...  

Turkish media: Israel to station troops in Cyprus"Anatolian News Agency" adds that 30,000 Israeli workers and their families will move to Limassol.21 May 12 10:53, Moshe GolanTurkey's "Anatolian News Agency" quotes a senior Cypriot source as saying that Israel plans to send 20,000 soldiers to the Greek part of the island to protect its energy sources in the area. The report adds that at least 30,000 Israeli workers and their families will move...  

Belgium is ready to take initiative to resolve the Cyprus problemDidier ReyndersFAMAGUSTA GAZETTE• Fri, May 25, 2012Belgium is ready to take an initiative and host a summit meeting in a bid to resolve the Cyprus problem, reports the Anatolia News Agency.The issue was discussed during a meeting between Turkey's European Union Minister and Chief Negotiator Egemen Bagis with Belgian Foreign Minister and Vice Prime Minister Didier Reynders in...  

FAMAGUSTA, Cyprus, April 26 (Reuters) - Turkey on Thursday began drilling for oil and gas in breakaway northern Cyprus, straining tensions with Greek Cypriots in a move that could hinder UN-backed efforts to reunite the divided island ...  

Turkey, which does not recognize the Cyprus government, and has repeatedly warned against exploration for oil and gas deposits on the island, launched its own exploration effort in the breakaway Turkish Republic of Northern Cyprus.  

The construction quality of new build homes in Cyprus may be set to improve as the first insurance firm in the country offers 10-year warranties against latent property defects. British insurer Premier Guarantee announced the first 10-year warranty against ...  

Turks say Israeli plane violated N.Cyprus airspaceISTANBUL | Thu May 17, 2012 6:45am EDTMay 17 (Reuters) - Turkey scrambled military jets to intercept an Israeli plane that violated the airspace of northern Cyprus this week, the Turkish high command said on Thursday.More:Turks say Israeli plane violated N.Cyprus airspace | Reuters  

NICOSIA, May 18 (Xinhua) -- Cyprus parliament on Friday endorsed a plan enabling the Finance Ministry to recapitalize the country's second-largest lender Cyprus Popular Bank. The emergency legislation, Popular Bank specific decree and associated ...  

Belgium eager to help Turkey over CyprusBRUSSELS - Anatolia News AgencyBelgium is ready to contribute to Turkey’s European Union accession talks and may host an international conference on the Cyprus issue to this end, the Belgian foreign minister said in Brussels May 22.More:EUROPE - Belgium eager to help Turkey over Cyprus  

Karen Matthews, who arranged the kidnapping of her own daughter Shannon to claim £50,000, is getting ready for an early prison release and to move abroad with her mystery admirer. The 36-year-old has apparently been receiving letters from a wealthy ...  

Israel plans to deploy 20,000 commandos in Greek Cyprus in order to protect its energy projects in the region, Anatolia news agency reported Sunday. According to the puzzling report, Prime Minister Benjamin Netanyahu and his Greek Cypriot counterpart ...  

Oxford Academy in Cyprus is expected to graduate 100 percent of the 2012 senior class with an average SAT score of 1900, according to Newsweek magazine, which ranked the high school 19th in the country.Photo Credit: TODAY IN LA  

A Turkish army website is claiming that an IAF jet violated Turkish airspace over occupied northern Cyprus on Monday (Hat Tip: Joshua I). An Israeli plane violated Turkish Cyprus airspace five times on May 14, Turkish army reported on its website.The airspace violations reportedly occured between 11:05 a.m. and 12:49 p. m., and lasted a total of eigth minutes.Turkish air forces blocked the  

Solar power in CyprusREVEEasy Power, yesterday presented their plans for the construction of a photovoltaic (PV) park and a concentrated solar power station, which could more than quadruple Cyprus' current installed solar energy capacity. As of last year, there was a total of ...and more »  

Three investor groups are interested in acquiring a majority stake in Cyprus Airways Ltd. (CAIR), the island’s state-run airline, Stockwatch reported today, citing George Mavrocostas, the carrier’s chairman and chief executive. They include ...  

Cyprus President Dimitris Christofias says he will not seek re-election because there is little hope the ethnically split island will be reunified by the time his tenure expires in February.Christofias said Monday his decision fulfills an earlier promise not to run for a second term if long-running talks with breakaway Turkish Cypriots weren't close to a resolution."A realistic analysis of the facts leads to the conclusion that there are no...  

Paphos is the popular one in Cyprus' property market, according to TheMoveChannel.com's latest At a Glance infographic. Paphos has always been a hotspot for foreign investment and the overseas portal's infographic, based upon activity in the last 12 months ...  

NICOSIA, Cyprus – Cyprus' commerce minister says that oil firms from Russia, Italy, France, Canada, Malaysia, Israel and the U.S. are among 15 companies and consortiums seeking to carry out exploratory drilling for gas deposits off the island ...  

NICOSIA May 11 (Reuters) - Cyprus will disclose bids to develop a potential offshore gas bonanza on Friday, with reports suggesting up to thirteen companies bidding for licences in a project which has incensed neighbouring Turkey. Cypriot ...  

NICOSIA (Reuters) - Cypriot President Demetris Christofias, the European Union's only Communist head of state, said on Monday he would not seek re-election next year, citing lack of progress towards the island's reunification. Elected in 2008, Christofias ...  

After several difficult years, there are signs that the property market in Cyprus is starting to recover.  That’s the view of a leading Cyprus property expert who believes that prices in the country are beginning to rise. Keep reading to learn…  

President Dimitris Christofias said his decision fulfilled a promise not to run for a second term if long-running talks with the breakaway Turkish Cypriots were not close to a resolution.  

May 22 - Fitch Ratings has downgraded and placed on Rating Watch Negative (RWN) Cyprus Popular Bank's (CPB, 'BB+'/RWN/'B') and Bank of Cyprus's (BoC, 'BB+'/ RWN/'B') Cypriot covered bonds secured by Greek residential mortgage loans, and placed ...  

The Republic of Cyprus accuses the Turkish Cypriots of negative tactics. The two sides remain divided over property, the right of return of the displaced and security. Cyprus President Demetris Christofias said that since May 2010, when Dervis Eroglu ...  

Pressbox (Press Release) - Nicosia, Cyprus—May 15, 2012—AllDayChemist is a Cyprus-based online drugstore that has recently announced a new 100 percent money back guarantee for all purchases made by both new and existing customers. This new guarantee is ...  

(ANSAmed) - NICOSIA, MAY 10 - Tourists and travelers in Cyprus could face a day of misery on Monday as local taxi drivers have threatened to block the entrance to Larnaca airport as part of their ongoing complaints about ''threats to their livelihood''.  

SINIRUSTU/SYGKRASI, Cyprus -- Turkey began exploratory drilling for oil and gas Thursday in the Turkish-occupied north of ethnically divided Cyprus, heightening a dispute over who is entitled to the Mediterranean island’s potential fuel riches. The move counters an offshore gas search by rival Greek Cypriots in the island’s internationally recognized southern half that has touched off vociferous protests from Ankara and Turkish Cypriots...  

On May 3, Moscow criticized Turkey’s plans to explore natural gas deposits around the divided island of Cyprus, under the protection of Turkish naval and air power. Russian Foreign Affairs Ministry’s chief spokesman, Aleksandr Lukashevich, cautioned Turkey that its actions “may exacerbate the situation on the territory of Cyprus” (Rossiskaya Gazeta, May 4). The Greek Cypriots and Israel are coordinating their plans to develop offshore gas...  

Czech FM scolds Turkey over Cyprus EU stanceSchwarzenberg was speaking after meeting his Cypriot counterpart, Erato Kozakou-Marcoullis, when they examined issues concerning the EU and the forthcoming presidency of the European Council.FAMAGUSTA GAZETTE• Tue, May 08, 2012In a terse statement aimed at Turkey, the Czech First Deputy Prime Minister and Minister of Foreign Affairs Karel Schwarzenberg has said that no country from outside the...  

NICOSIA, May 17 (Reuters) - Cyprus said it planned to underwrite a 1.8 billion euro (2.29 billion) equity issue by the island's second largest lender, heavily exposed to Greece and scrambling to meet a shortfall on its regulatory capital by a ...  

The academy, recognized as a California distinguished school, brings in students from all across the Anaheim Union High School District to prepare them for college, and houses grades ... students who apply should be in the top 20 percent of the school ...  

ISTANBUL (Reuters) - Turkey said on Thursday it had scrambled military jets to intercept an Israeli plane that violated northern Cypriot airspace this week, and demanded an explanation for the incursion. An Israeli military spokesman declined to comment on the accusation. But the incident marked a fresh source of tension between the former allies. Relations between Turkey and Israel fell apart after Israeli commandos raided the Mavi Marmara...  

May 21 - Fitch Ratings has placed Bank of Cyprus (BOC), Cyprus Popular Bank (CPB) and Hellenic Bank's (HB) Long-term Issuer Default Ratings (IDRs) and Support Rating Floors (SRFs) of 'BB+' and Support Ratings of '3' on Rating Watch Negative (RWN).  

Another key aspect indicating the importance of Cyprus as a preferred holding jurisdiction for Russian interests is the capital-gains tax imposed on the sale of shares in companies where the value of the real estate component in Russia is in excess of 50 ...  

Israel Denies Turkish Media Report Of Huge Troop Deployment To Greek CyprusInternational Business Times 22 May 2012By Palash R. GhoshIsrael has denied a report by Turkish media that it plans to deploy 20,000 soldiers and commandos to Greek Cyprus in order to protect its energy projects there. In a written statement, the Israeli foreign ministry declared that the claims by the Anatolia news agency were "baseless and disconnected from reality...  

“He’s the first Cypriot ever to set foot on the highest peak and we’re very proud,” said Pavlos Georgiades, head of the Cyprus Mountaineering and Sport Climbing Federation. He reached 7900m by 9pm Cyprus time yesterday (Friday) and then ...  

(ANSAmed) - NICOSIA, MAY 16 - Cyprus Airways (CY) will launch a twice weekly charter flight to Amman as of June 7, it announced yesterday, along with six weekly flights to Bruxelles. The agreement for flights to Amman was signed with Jordanian travel ...  

Nicosia, Cyprus (AP) — Cyprus President Dimitris Christofias says he will not seek re-election because there is little hope the ethnically split island will be reunified by the time his tenure expires in February.  

"The companies ... which cooperate with the Greek Cypriot administration will not be included in energy projects in Turkey in the future," Turkey's Foreign Ministry said in a statement on Friday, adding that the offshore gas exploration was an abuse of the ...  

The Belgian Foreign Minister and Deputy Prime Minister Didier Reynders said Belgium was ready to make any contribution to add a fresh momentum to Turkey’s membership process and make progress in easing visa requirements for Turkish citizens. Reynders was ...  

PAPHOS, Cyprus -- Elea Golf Club, Sir Nick Faldo's highly acclaimed ... golf.com and named 'Best International Leisure Development' at the prestigious International Property Awards 2011. Ross Robertson, Elea Estate's Director of Golf Operations, said ...  

Kansas City StarTurkey Begins Cyprus Drilling Amid TensionsWall Street JournalBy AYLA ALBAYRAK ISTANBUL—Turkey on Thursday started drilling for oil and natural gas in breakaway Northern Cyprus, threatening to further poison relations with Greek Cypriots in the latest chapter of a gathering row over ownership of potential energy ...Turkey Starts Oil, Gas Search in North CyprusABC Newsall 107 news articles »  

Last month, Turkish Minister for EU Affairs Egemen Bagis revived a threat to annex northern Cyprus if the current round of peace talks failed, a possibility it has previously floated. Many of the island's 250,000 or so Turkish Cypriots oppose annexation ...  

hitting an impasse over fraught issues such as the return of property to internally displaced islanders. Ozersay, a special representative for Turkish Cypriot leader Dervis Eroglu, said northern Cyprus would act in line with international law.  

NICOSIA May 14 (Reuters) - Cyprus's Popular Bank said on Monday it was in talks with the island's finance ministry and central bank about state guarantees to raise fresh capital after being battered by the Greek debt writedown. Cyprus's second ...  

The struggling Cyprus property market shows no signs of improvement this spring with rents and property prices continuing to fall.  While slipping prices are good news if you’re thinking of buying a property in Cyprus, the country’s housing…  

Free food will be provided, and the semifinals of a dodgeball tournament will offer other entertainment. Everything has been donated, so all the money will go to building ... So far, the school has collected about $3,000 through such donations.  

Over the past weeks, Israel Electric Corporation (IEC) has been conducting talks to participate in a Cypriot government gas exploration tender, which includes 12 ... tariffs due to the fact that the IEC supplies 95% of Israel's power.  

LARNACA, Cyprus (AP) -- Court proceedings began in Cyprus Monday into last year's explosion of confiscated Iranian gunpowder that killed 13 people and triggered a political crisis that damaged the presidency of Dimitris Christofias....  

The long-awaited reform of the Cyprus International Trusts Law, a much-needed initiative, has finally become reality with the passing by the House of Representatives of the International Trust (Amending) Law of 2011. When it was enacted in 1992, the Cyprus ...  

By Lina Giannarou Kathimerini For that small group of courageous young Greek entrepreneurs who have decided to start working for themselves, the big question is no longer the "how" but the "where," given the hostile environment for business in Greece, not to mention ever-increasing taxes. ...  

Your pessimistic report on the state of the Cyprus Institute in Nicosia (Nature484, 14; 201210.1038/484014a) is based on a selection of distorted negative quotes. As chairman of the institute's trustees, I believe that this view is misleading and damaging  

Turkey-Cyprus trade: is it increasing?23 April, 2012Turkish Cypriot newspaper Havadis reported on Monday that Turkey’s exports to the southern part of Cyprus rose by 400% in the first three months of the year to USD 2.7 mln, from USD 666,000 in the same period of 2011.Exports to northern Cyprus reached USD 229.5 mln in the same period. More:Financial Mirror dot com - Turkey-Cyprus trade: is it increasing?  

LIMASSOL, Cyprus--(EON: Enhanced Online News)--iFOREX, a financial service provider authorized and regulated by Cyprus Securities and Exchange Commission under license 143/11, has recently expanded their development department in order to create new ...  

A lawsuit filed against the Turkish Republic of Northern Cyprus in U.S. District Court for the District of Columbia over a cancelled Julio Iglesias concert is on its last legs after a federal judge dismissed the claims against Northern Cyprus...  

OGAE Cyprus are next to disclose their votes on this year's Eurovision competing entries. Euphoria is the favourite among the Cypriot fans, thus winning the island's 12. Iceland and Estonia, with 10 and 8 points, come second and third, respectively. (http://www.esctoday.com/news/read/18788)  

Turkey's military says its warplanes chased an Israeli aircraft from airspace off territorially disputed Cyprus, where Turkey is seeking seabed deposits of oil and gas. The incident is said to have happened on Monday.  

TweetIsrael figures it can’t have too much of a good thing with its Occupation of Palestine.  Now it proposes to expand it to Cyprus as well, under slightly different terms.  Occupation by any other name would be just as sweet. A Turkish news report in Hurriyet says that Bibi Netanyahu recently held talks with his [...]  

FAMAGUSTA, Cyprus, April 26 (Reuters) - Turkey on Thursday began drilling for oil and gas in breakaway northern ... launched onshore drilling at the 3,000-metre-deep Turkyurdu-1 well in search of hydrocarbons near the town of Trikomo, or Iskele ...  

The announcement came amid growing tensions in the eastern Mediterranean between Turkey and Greek Cypriots after Nicosia last year began natural gas and oil exploration in its own exclusive economic zone. Ankara, in response, deployed warships ...  

ATHENS (Dow Jones)--Bank of Cyprus PCL (BOCY.CP) posted a EUR295 million net profit Thursday in the first quarter year on year on a deferred tax asset after Greek government bonds impairment last year. The Cypriot lender does almost half of its ...  

Turkey warns companies against Cyprus gas searchBy SUZAN FRASERThe Associated PressANKARA, Turkey —Turkey on Friday called on major international oil and gas companies seeking a license to search for gas deposits off of Cyprus to withdraw their bids, saying it will not allow exploration to go ahead and threatening to ban them from Turkish energy projects.Companies such as Russia's Novatec, Italy's ENI, France's Total and Malaysia's Petronas...  

This is the first of 12 offshore gas and oil blocs that Cyprus plans to tender out to international companies. Bidding for the other 11 blocs was announced in February 2012, with a deadline for submitting applications by May 11. Aphrodite is the ...  

The old adage that oil or gas always adds fuel to an international dispute is being revived on the divided island of Cyprus. The discovery last year by US-based Noble Energy of a major gas field in an area of the Mediterranean in Cyprus’s ...  

Cypriot public broadcaster CyBC has revealed the names of the artists that will join the country's 2012 Eurovision representative Ivi Adamou. One is a vocalist, two are dancers and another two are both dancers and singers. (http://www.esctoday.com/news/read/18796)  

Due to popular demand, Solmar Villas, the villa holiday specialist has added 10 new villas in Cyprus. Each villa comes with its own private pool for added privacy and luxury and with prices starting at just £566.93 per week there is sure to be something ...  

“The Chinese themselves want a research foundation in Europe ... A physician, for example, may prescribe herbal medicines to treat a recurring headache or even to prepare a woman’s womb for conception However, herbal drugs need to have ...  

NICOSIA May 11 (Reuters) - The second foray by Cyprus into tapping offshore gas reserves received an unexpected boost on Friday when 15 companies, including international heavyweights, bid for contracts in the untapped and energy-rich east Mediterranean.  

ANKARA, Turkey (AP) Turkey on Friday called on major international oil and gas companies seeking a license to search for gas deposits off of Cyprus to withdraw their bids, saying it will not allow exploration to go ahead and threatening  

My husband was posted to Cyprus in 1973 and we spent three very happy years there ... Turning left at the house along a lane we came to a delightful property where a friendly lady called Deirdre welcomed us to her home, and we had a pleasant lunch in ...  

Via Reuters: Is nomen omen? Last month Cyprus appointed an economist called Panicos Demetriades as central bank governor. On Friday, the euro zone minnow committed to pump 1.8 billion euros, or 10 percent of GDP, into Cyprus Popular Bank (CPB) if its second largest lender can’t raise it privately. What’s more, this may just be a holding operation. If Greece quits the euro, Cypriot banks and the state itself will need more help…Keep reading...  

Cyprus Airways is majority controlled by the Cypriot government. Representatives of Triple Five, which has business interests ranging from malls and real estate to hotels primarily in North America, visited Cyprus earlier this year. The loss ...  

NICOSIA, Cyprus, April 25 (UPI) -- The Cypriot EU presidency, which begins in July, hopes to have EU budget talks finalized by the end of the year, EUobserver reported Wednesday.  

while presenting his credentials to UAE President Sheikh Khalifa Bin Zayed Al Nahyan. According to an official announcement, the ceremony took place last Monday, March 26, at the Al Mushrif Palace, in Abu Dhabi. President Khalifa said in his reply that the ...  

Turkish Prime Minister Recep Tayyip Erdogan also warned that his country would “retaliate even more strongly” to any further mineral exploration around the island. The Cypriot government says any fuel search is its sovereign right accorded ...  

PanARMENIAN.Net - Turkey will not open negotiation chapters with the EU during Cyprus’ presidency term in the second half of 2012, Turkey’s EU Minister and chief negotiator Egemen Bağış said, Hurriyet Daily News reported. “If the Greek Cypriots ...  

Turkey's state-run oil company is set to start drilling for oil and gas in the Turkish Republic of Northern Cyprus under an agreement signed last year in September. The Turkish Petroleum Corporation, or TPAO, will start drilling on Thursday at a field in ...  

Famagusta GazetteUN chief calls off Cyprus conferenceFox NewsUNITED NATIONS – UN Secretary-General Ban Ki-moon says Greek Cypriot and Turkish Cypriot leaders have not made sufficient progress during talks on reunifying Cyprus to call an international conference at this time. Ban's spokesman made the announcement ...Ban: Not enough progress in talks to call for international conference on CyprusUN News CentreRussians move into East Med gas...  

Turkish Prime Minister Recep Tayyip Erdogan also warned that his country would "retaliate even more strongly" to any further mineral exploration around the island. The Cypriot government says any fuel search is its sovereign right accorded to it ...  

Both sides of the divided island claim sovereignty of its territorial waters, with Cyprus launching its own search for gas that sparked protests from Ankara and Turkish Cypriots.  

ISTANBUL — Turkey would consider annexing northern Cyprus if talks between Greek and Turkish Cypriots failed to reach a deal on reunification of the island, Turkey's European Affairs Minister Egemen Bagis told a Turkish Cypriot newspaper.  

Cyprus could be sitting on enough natural gas to last it 200 years. When the Greek Cypriots, defying Turkish warnings, began exploration of the southernmost of their 12 maritime blocks in 2011, Turkey sent a seismic vessel escorted by a warship ...  

The Cyprus property market is still struggling in the "unfavourable economic climate", according to the Royal Institution for Chartered Surveyors. The RICS Global Commercial Property Survey revealed that prices across the country are still falling ...  

Cyprus High senior earns acclaim for youth council By jon clifford Special to The Tribune Published May 17, 2012 10:20AM MDT As an eighth-grader, Stewart Winder wasn’t old enough to vote, but that didn’t stop him from working for change. Winder and some fellow students founded the Magna Youth Town Council — an organization dedicated to providing a safe environment for students to learn about political infrastructure and take ownership...  

SECRETARY-General of the European Environmental Bureau (EEB), Jeremy Wates, said yesterday the Cypriot EU presidency was facing a real challenge in leading the bloc to renew its commitment to sustainable development. Wates was speaking at a ...  

Previously it was believed that, due to the island's geographic isolation, the first Neolithic farming societies did not reach Cyprus until a thousand years after the birth of agriculture in the Middle East... However, the discovery of Klimonas, a village that dates from nearly 9000 years before Christ, proves that early cultivators migrated to Cyprus from the Middle Eastern continent shortly after the emergence of agriculture there, bringing...  

Cyprus, along withIsraelandLebanon ... to efforts to settle the conflict overCyprusand has also broughtLebanoninto dispute withIsraelover the Jewish state's discoveries. Most of the interest shown by bidders this month was for a block lying northeast ...  

MATT Warman has always loved singing. So when he was asked to perform at a local pub for the Queen's Diamond Jubilee celebrations he could not refuse. But instead of singing his usual songs, he decided to write a special tune to mark the occasion.  

NICOSIA, Cyprus — Cyprus' Finance Minister says more austerity measures will be needed to cover a small shortfall from a deficit target of 2.5 percent of gross domestic product this year. Vassos Shiarly said Monday that he'll begin talks with ...  

Cyprus's liberalised telecom market is overseen by the EU regulatory framework for communications, which has been transposed into national law. The competitive environment, particularly in fixed-line services, has been hampered by regulator's slowness to ...  

The latest monitoring results in Cyprus show that bird trapping with mist nets and limesticks continues to rise, threatening many migrants travelling through the Eastern Mediterranean Island. BirdLife Cyprus has carried out monitoring of illegal ...  

Child protection and welfare are among the top priorities of the Ministry of Labor and Social ... needs special safeguards and care, including appropriate legal protection, before as well as after birth. The Minister also said that although the Republic ...  

Limassol, Cyprus, Mar 30, 2012 (PRWeb.com via COMTEX) -- Growing web design and development company CyDezines is proud to announce that the first and only Cyprus Property search application for the iPad, iPhone and iPod, developed by the company ...  

Monday's reported air incursion coincided with tensions on the Mediterranean island of Cyprus over oil and gas exploration plans there, which could hinder U.N.-backed efforts to reunite wthe island. “A plane belonging to Israel, the model of which could ...  

WASHINGTON, May 4, 2012 /PRNewswire-USNewswire/ -- Cypriot Foreign Minister Erato Kozakou-Marcoullis, addressing the AJC Global Forum, expressed admiration for the Jewish advocacy organization, support for her country's close relations with Israel, and concern for Turkey's regional...  

Turkey's strong warning came after the Cyprus government--which isn't recognized by Ankara -- said 29 companies had made 15 bids for exploratory drilling in a second round of licensing to exploit offshore oil and gas deposits. A final decision ...  

Ivi Adamou, the 2012 Cypriot Eurovision representative, has released a new song titled Madness, featuring TU. It was performed at Amita Motion live web concert. (http://www.esctoday.com/news/read/18784)  

OGAE Sweden is th 33rd club to announce its votes for the annual Eurovision Poll of the OGAE International Network. A set of 12 points goes to Cyprus and La la Love by Ivi Adamou, followed by 10 points to Norway's Stay. (http://www.esctoday.com/news/read/18821)  

NICOSIA, April 23 (Reuters) - Cyprus's finance minister said about 1.5 billion euros ... Cypriot lender Popular Bank needs to find more than 1 billion euros in fresh capital by a mid-year deadline. Among the Cypriot banks, it is the most ...  

The Republic of Cyprus, a European Union member country, is proceeding with development of the Aphrodite offshore field. This is the first of 12 offshore gas and oil blocs that Cyprus plans to tender out to international companies. Bidding for the other 11 blocs was announced in February 2012, with a deadline for submitting applications by May 11 (www.cyprusprofile.com, May 7). Aphrodite is the southernmost field in Cyprus’s exclusive economic...  

President Demetris Christofias believes that the demands of modern society and educational reform will be met once the economic problems facing Cyprus are overcome, with patience and good planning. Speaking at the inauguration of a new gymnasium in ...  

NICOSIA, Cyprus — Cyprus’ finance minister said Monday that more austerity measures will be needed to meet a deficit target of 2.5 percent of gross domestic product this year. Vassos Shiarly said he’ll start talks with trade unions on ways of ...  

Eroğlu hails Turkish soldiers in CyprusNICOSIA - Anatolia News AgencyThe President of Turkish Cyprus Derviş Eroğlu yesterday said that Turkish Cypriots were attached to the Turkish Armed Forces (TSK) by heart.More:POLITICS - Eroğlu hails Turkish soldiers in Cyprus  

NICOSIA, Cyprus - A British university's financial economics professor was appointed Cyprus' new Central Bank governor Saturday, as the eurozone member struggles to contain a stagnating economy and banking system roiling under heavy exposure to Greek debt. Government Spokesman Stefanos Stefanou said  

Donald Tusk said after meeting with Greek Cypriot leader Dimitris Christofias in Nicosia that any attempt to weaken Greek Cyprus' EU presidency would be perceived as a bid to weaken the bloc itself. Cyprus was split in 1974 when Turkey intervened after a ...  

An Israeli aircraft repeatedly violated the airspace of Turkish Cyprus earlier this week near the site of a controversial gas exploration field, the Turkish daily Hurriyet reported on Thursday, citing Ankara military officials. The reported incident is ...  

LONDON -(Dow Jones)- Cairn Energy PLC (CNE.LN) said Thursday it has teamed up with Houston-based Marathon Oil Corp. (MRO) to jointly bid for oil and gas exploration rights in Cyprus, where huge offshore discoveries of natural gas have reignited ...  

Cyprus Popular Bank said in a statement Monday that it is discussing the possibility of a government guarantee on a capital issue to help attract private investors and minimize the amount that the state would have to cover. Cyprus Popular was ...  

Cyprus Talks Failing, Turkish Side Tells UNWednesday, 9 May 2012By Sevil Küçükkoşum, Hürriyet Daily NewsTurkish Cyprus has told the United Nations that it should work on confidence-building measures between Turkish and Greek Cyprus, because reunification talks are unlikely to make progress soon, the Hürriyet Daily News has learned.More:Cyprus Talks Failing, Turkish Side Tells UN, 9 May 2012 Wednesday 9:40  

SINIRUSTU/SYGKRASI, Cyprus — Turkey began exploratory drilling for oil and gas Thursday in the breakaway north of ethnically divided Cyprus, heightening a dispute over who is entitled to the Mediterranean island’s potential fuel riches. The move ...  

Only gains on shares in property-rich companies will be subject to tax in Russia. Furthermore, Klein neglects to mention that Cyprus will not be disadvantaged as a result, since Russia has undertaken to introduce similar provisions into all its significant ...  

NICOSIA, Cyprus — Cyprus’ commerce minister says that oil firms from Russia, Italy, France, Canada, Malaysia, Israel and the U.S. are among 15 companies and consortiums seeking to carry out exploratory drilling for gas deposits off the ...  

As a scientist formerly employed by the Cyprus Institute, I believe that it is time for the Cyprus government to bring in new management that will have proper oversight (Nature484, 14; 201210.1038/484014a).The government auditor's report on the institute's  

I saw an older fan in tears – he last saw AEL celebrate the title back in 1968." Cup final ... "We really wanted to win, especially for our fans. I hope this will be a good platform for the future because it is special to defend your trophy."  

UN Secretary-General Ban Ki-moon has informed the leaders of Cyprus' Greek Cypriot and Turkish Cypriot communities there was not enough progress on key aspects of reunification talks to hold an international conference on the divided Mediterranean island nation.  

Marathon Oil Corp. Marathon Oil Corp. Latest from The Business Journals Houston-area advertising firms pull in millions Marathon Oil to buy Paloma Partners II for 0M Marathon Oil profits fall Follow this company (NYSE: MRO) has teamed up with U ...  

Official Baku has clarified the reasons of non-recognition of the Turkish Republic of Northern Cyprus. "Recognition of the Turkish Republic of Northern Cyprus by Azerbaijan hinges on the ...  

I could have stayed here longer as Knossos is a special place for me; I had always read about it in my art history ... a few of the men in our group. So as to avoid any heated conversations, we were also told that this palace might be the ancient source ...  

Only 2 weeks passed since CySec’s dramatic announcement that it intends to start regulating Binary Options and we already have flurry of news that many brokers have applied for this registration and that registration firms have their hands full with ...  

Everything had to be in cash, and she sensed a fear that money tied up in the banking system would be lost ... It is, of course, an independent country with its own central bank. A blog for British residents I read this week tried to calm fears about ...  

AN 18th century icon of the Virgin Mary looted from the occupied areas has been returned to the Church of Cyprus. According to a Church of Cyprus announcement, the head of the Church’s Representation to the EU in Brussels, Bishop Porphyrios of ...  

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/5vwzst/cyprus_digital_m) has announced the addition of the "Cyprus - Digital Media and Broadband Markets - Insights, Statistics and Forecasts" report to their offering. The broadband market in Cyprus remains undeveloped by the standards of leading European countries. DSL is the most popular access platform, with cable broadband restricted to a single...  

NICOSIA, Cyprus - A British university's financial economics professor was appointed Cyprus' new Central Bank governor Saturday, as the eurozone member struggles to contain a stagnating economy and banking system roiling under heavy exposure to Greek debt.