Almost two years after first asking for a 10 billion international bailout that came with harsh measures, Cyprus’ economy is slow to recover.
LISBON — The fate of the European Central Bank’s aggressive plan to stimulate the economy out of stagnation lies with the 340 million people […]
Cyprus’ trade deficit grew 10 percent last year. Exports from January – October 2014 totaled 1,2 billion euros, compared to 1.3 billion from January – […]
Cyprus is restoring confidence in its financial system, scrapping a 2-million euro limit how much money businesses can transfer abroad.
Cyprus got good news when foreign investors bid for more than three times the amount of retail bonds offered and bought the majority of a six-year issue.
Cyprus’ Energy Ministry says initial drilling by an Italian-Korean consortium off Cyprus’ southern coast has failed to find much gas.
The IMF won’t release 88 million euros to Cyprus because the Parliament voted to hold a key foreclosure law that would let banks confiscate homes.
In a sign stability is slowly returning to Cyprus’ battered financial sector, shares in the country’s largest bank will resume trading on Dec. 16.
NICOSIA — Cyprus says it has joined with Israel and Greece to get the European Union to consider a pipeline that would link the continent […]
NICOSIA — Cyprus has further eased limits on money transfers out of the country by doubling the amount businesses can transfer abroad for any transaction […]