Cyprus’ lawmakers have forced the government to renegotiate terms of legislation that would pave the way for the privatization of state companies, a condition of a bailout.
Nearly a year after asking for an international bailout with its economy on the edge of collapse, Cyprus will start going after the people who caused it.
NICOSIA – Cyprus’ central bank chief says he expects all restrictions on bank money transfers and withdrawals to be lifted by the end of the […]
NICOSIA – Workers at Cyprus’ state-owned telecommunications and electricity authorities went on strike for 24 hours to protest government plans to privatize the state-owned enterprises. […]
Almost a year after Cyprus put daily limits on withdrawals to prevent a run on the banks following the confiscation of 47.5 percent of accounts […]
The U.S. State Department, breaking from its usual support for Turkey, said it sides with Cyprus’ exploration for energy reserves off the coast and criticized […]
Banks in recession-hit Cyprus, reeling from a financial crisis, are struggling with non-performing loans that make up nearly half their lending and are hampering efforts […]
Cypriot President Nicos Anastasiades said economic difficulties will be overcome and recover sooner than expected.
While President Nicos Anastasiades was in Qatar wooing investors in a bid to help his country recover from a still-growing economic crisis caused by bad […]
NICOSIA – A Cyprus Forestry Department official says illegal logging in the bailed-out island nation has picked up sharply as people turn to firewood to […]