Cyprus

 
EgyptAir plane hijacker demands to see estranged Cypriot wife
EgyptAir plane hijacker demands to see estranged Cypriot wife
A Cyprus government official has confirmed that the hijacker who had seized an EgyptAir plane on Tuesday and diverted it...
Cyprus holds first gay pride parade
Cyprus holds first gay pride parade
Thousands of people marched in Cyprus's first gay pride parade on Saturday, calling for equal rights in a country where homosexuality is still...
Bailout vote decides Cyprus's eurozone fate
Bailout vote decides Cyprus's eurozone fate
Lawmakers were due to meet in an extraordinary session to ratify the terms of the aid, which is conditional on Cyprus winding down its second-largest bank and imposing heavy losses on uninsured depositors in another. Voting was expected on Tuesday afternoon....
IMF: World economy risks new phase of financial crisis
IMF: World economy risks new phase of financial crisis
While being encouraged by the marked improvement in financial market conditions over the past six months, the International Monetary Fund (IMF)...
EU meet to finalise Cyprus bailout
EU meet to finalise Cyprus bailout
Their meeting on Friday comes a day after Cyprus made the shock announcement that the cost of its European Union-International Monetary Fund (IMF) bailout had surged to €23-billion, putting the teetering economy in danger of collapse and further endangering big bank...
Cyprus finance minister quits after bailout concludes
Cyprus finance minister quits after bailout concludes
The country slashed its dominant banking sector and hit depositors with losses.
Cyprus President calls on country to share weight of financial burden
Cyprus President calls on country to share weight of financial burden
"The deal we agreed on, after the dramatic hours we all lived through last week, is without doubt painful," President Nicos Anastasiades...
Cyprus banks to open for first full day since lockdown
Cyprus banks to open for first full day since lockdown
It saw the launch of strict capital controls to save the bailed-out island from a bank run.
Malta and Luxembourg squirm as Cyprus burns
Malta and Luxembourg squirm as Cyprus burns
For the architects of the Cyprus bailout — the German government and the International Monetary Fund (IMF) — there was no doubt that...
Cypriots wary of what's to come
Cypriots wary of what's to come
In the streets and cafes of Nicosia, and on TV chat shows aired in homes across the nation state, Monday's message was the same: "We have...
Cyprus: Shackled to a zombie economy
Cyprus: Shackled to a zombie economy
The good news for the eurozone was that the markets reacted well to the bailout deal for Cyprus. The bad news was that the rally barely lasted...
Cyprus bank closure rolls into week two
Cyprus bank closure rolls into week two
All but two of the country's largest lenders had been due to reopen on Tuesday, after being shut since March 16 while politicians figured out...

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