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...  

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 ...  

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 ...  

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 ...  

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  

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 ...  

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.  

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...  

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 ...  

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 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...