Cyprus has reached another milestone in getting rid of capital controls it put in place after being bailed out last year, saying all domestic controls have been lifted.
Five Turkish Cypriots will contest ethnically split Cyprus’ six allotted seats in the European Parliament. among 61 people who submitted their candidacies.
Cyprus won’t reveal the names of 11,000 people who transferred money to foreign banks just before a confiscation scheme took place.
Cyprus raised 100 million euros ($137 million) through its first bond issue since international lenders rescued the country from near-bankruptcy last year.
Over 100,000 people are expected to attend Deep Purple’s May 24 concert at Near East University (YDU) in the Turkish-controlled area of Cyprus.
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.
The Turkish Cypriot leader said that a settlement of the 40-year-old conflict that divided the Mediterranean island is possible this year.
Cypriots who want to visit Turkey will either have to get visas that say their country doesn’t exist or stipulate they live under Turkish rule.
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.
A Good Friday service in an abandoned Greek church in Turkish-occupied Cyprus showed how religion is helping bring people together.