Cyprus Back To The Markets

- May 1, 2014

Cyprus raised 100 million euros ($137 million) through its first bond issue since international lenders rescued the country from near-bankruptcy last year.

S&P Upgrades Cyprus Rating

- April 25, 2014

Credit rating agency Standard & Poor’s is more upbeat about Cyprus’ public finances following a better-than-expected performance since the country’s financial rescue a year ago.

BOC Leaves Ukraine, Romania

- April 20, 2014

Cyprus’ largest bank says it sold off its business in Ukraine and a stake in a Romanian bank to cut risk and improve cash flow for the troubled lender.

Cyprus To Test Bond Market

- April 18, 2014

Bailed-out Cyprus says it will issue six-year government bonds every month starting in June as a first step to returning more permanently.

Cyprus Eyes 2015 Market Return

- April 10, 2014

Cyprus is considering a cautious market return in 2015 to see if investors will bite on buying the country’s debt, President Nicos Anastasiades said.

Bank Chief Wants Bad Loan Seizures

- April 3, 2014

Cyprus’ outgoing Central Bank Governor said the government must move to allow foreclosures and seizure of assets to offset bad loans.

EU: No Hit For Cyprus Over Ukraine

- April 1, 2014

Eurozone chief Jeroen Dijsselbloem said Cyprus shouldn’t be affected much by sanctions slapped on Russia for annexing the Crimea region of Ukraine.

Cyprus Ends Cash Limit Ban

- March 28, 2014

Cyprus has scrapped all limits on daily cash withdrawals, loosening capital controls imposed following the country’s bailout last year.

Cyprus To Lift Capital Controls Soon

- March 17, 2014

Cyprus Finance Minister Harris Georgiades said he expects capital controls on banks begun a year ago will be taken off by the end of Spring.

Cyprus Names New Bank Chief

- March 10, 2014

Cyprus’ Central Bank Governor resigned on March 10, bringing an end to a protracted dispute with the President of the bailed-out country.