ECB Does Not Follow Its Own Rules

- November 19, 2014

In a classic case of “do as I say, not as I do,” a member of the European Central Bank’s (ECB) executive board, Benoît Coeuré, […]

Cyprus Welcomes Credit Upgrade

- November 16, 2014

NICOSIA — Cyprus’ government has hailed rating agency Moody’s three-notch upgrade of the bailed-out country’s credit grade as validation of its adherence to the terms […]

Moody’s Gives Cyprus Big Upgrade

- November 16, 2014

Cyprus’ government Moody’s upgrade of the bailed-out country’s credit grade as validation of its sticking to bailout rescue terms.

Bank of Cyprus Program For SMEs

- November 15, 2014

The Bank of Cyprus is launching a new program to support Cypriot businesses and lower youth undemployment. In cooperation with the European Investment Bank (EIB), […]

Cyprus Bailout Installment Coming

- November 7, 2014

A Cypriot official says the Eurozone has approved his country’s next installment of rescue money amounting to 350 million euros.

Cyprus Says Recession Ending

- November 4, 2014

Cyprus’ Finance Minister Harris Georgiades said an economic slide caused by bad decisions by banks is slowing and improvement showing.

S&P Upgrades Cyprus Over Bailout

- October 24, 2014

Rating agency Standard & Poor’s gave Cyprus a one notch upgrade to its credit grade, to B+, citing its commitment to bailout terms.

Cyprus Eyes Shariah Finance Hub

- September 25, 2014

In a deep economic crisis, Cyprus now wants to set up an Islamic finance hub to spur growth and recovery on a divided island.