Cyprus Tackles Rising Unemployment

- December 12, 2013

Trying to deal with an economic crisis that almost brought down the country’s banking industry, Cyprus now is turning toward programs aimed at combating rising […]

Property Prices Plummet in Cyprus

- December 11, 2013

Cyprus’s economic crisis is taking its toll on property values on the island as banks aren’t lending and people aren’t buying. The prices fell up […]

Cyprus Gets OK For Next Loans

- December 10, 2013

Eurozone finance chiefs meeting in Brussels have approved release of the next installment, this one for 100 million euros ($137 million,) toward the 10 billion […]

New Bids for Cyprus Gas Plans

- December 6, 2013

NICOSIA – Hoping that there will be enough natural gas reserves off the island to bring in critical revenues one day, Cyprus is now going […]

Cyprus Privatizations Start in 2015

- December 5, 2013

Its economy brought to the edge of ruin by disastrous investments by state banks that forced the government to seek an international bailout with onerous […]

Finance Chief Says Cyprus Danger Over

- December 4, 2013

With its banks still maintaining capital controls, unemployment worsening, and the government relying on international loans to keep the economy intact, Cypriot Finance Minister Harris […]

Cyprus Slips in Corruption Ratings

- December 4, 2013

Already dealing with a growing economic crisis and capital controls limiting how much money people can withdraw from its beleaguered banks, Cyprus’ standing in transparency […]

EU Parliament Chief Urges Cyprus Talks

- December 2, 2013

With Cypriot President Nicos Anastasiades becoming the latest in a long line of officials who’ve failed to make any headway on stalled talks to reunify […]

Cypriot Unemployment Keeps Rising

- December 2, 2013

As Cyprus struggles with a growing economic crisis and keeps capital controls in place to prevent a run on the banks, the government got more […]

Cyprus Targets Organized Crime

- November 30, 2013

Still stinging from its reputation as a haven for money-laundering international criminals who used its banks to hide their assets, the Cypriot government said it […]