Two months before Cyprus got a bailout, the EU had decided the cost would be confiscation of a big chunk of big bank accounts.
Central Bank of Cyprus Governor Chrystalla Georghadji said confidence is returning to the beleaguered banker sector.
With President Nicos Anastasiades saying Cyprus is on the road to recovery, investors are showing keen interest in pouring money into the country.
NICOSIA — International creditors urged Cypriot authorities to keep their word and push through crucial foreclosure laws as Cyprus’ finance minister insisted that the rescue […]
The Cyprus Statistical Service (CyStat) on Wednesday released that which show that building permits are down from January – November 2014 compared with 2013, […]
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.