Cyprus’ outgoing Central Bank Governor said the government must move to allow foreclosures and seizure of assets to offset bad loans.
Eurozone chief Jeroen Dijsselbloem said Cyprus shouldn’t be affected much by sanctions slapped on Russia for annexing the Crimea region of Ukraine.
Cyprus has scrapped all limits on daily cash withdrawals, loosening capital controls imposed following the country’s bailout last year.
Three people were arrested as a Greek Cypriot far-right group protested a former leader of the ethnically split island’s breakaway Turkish Cypriots.
The outgoing UN’s envoy to ethnically split Cyprus says the country’s economic problems could bolster chances of a long-elusive peace accord.
Doctors say Cyprus’ Defense Minister Tasos Mitsopoulos died March 22, a day after suffering a brain hemorrhage, despite efforts to save him.
The US Ambassador to Cyprus says peace on the island could allow the flow of gas off the island to go through Turkey to Europe.
United Nations peacekeepers who have kept Cypriots and Turkish-Cypriots from battling each other have been on the island 50 years now.
The human rights group Amnesty International accused Cyprus of holding asylum seekers and refugees in prison-like conditions, sometimes breaking EU law.
A team of Navy SEALs has taken control of a stateless oil tanker seized earlier in the month by Libyan rebels, the Pentagon said.