President Nicos Anastasiades and President of the European Central Bank (ECB) Mario Draghi agreed on Wednesday that in the period ahead, one priority is to bring Bank of Cyprus (BoC) out of
Portuguese local media said two more government ministers were preparing to tender their resignation on Wednesday, deepening the turmoil that could derail Lisbon's exit from an international bailout. Reports said Agriculture Minister
The practical difficulties the banking sector is facing regarding the implementation of a loan agreement Cyprus has signed with its international lenders will be the main issue of discussion at today’s meeting,
The quality of the Cyprus tourism industry is a one way street, Cyprus President Nicos Anastasiades has said. President Anastasiades was addressing the graduation ceremony of the Higher Hotel Institute of Cyprus
Cyprus Ship Owners Union has briefed Foreign and Commonwealth officials of the negative effects Turkey’s embargo has on Cyprus shipping. According to a press release issued Tuesday on the part of the
The Investigation Committee on the economy announced on Tuesday it will probe the situation in the banking sector, despite an interim decision to suspend investigation into issues subject to legal proceedings. The
The exchange of €1 billion worth of government bond has been successfully completed, the Public Debt Management Office of the Ministry of Finance has announced. Specifically, an exchange, via the method of
The Ministry of Foreign Affairs has issued travel advice for Turkey, calling on Cypriot citizens residing or visiting Turkey to avoid public places where gatherings occur in light of the tense situation
Moody`s Investors Service said that based on its default definitions, it considers Cyprus to have defaulted, following an exchange of EUR1 billion of existing domestic government bonds. However, contrarily to Fitch and
Cyprus President Nicos Anastasiades will pay a visit to Kuwait in October, whilst Lebanon’s Minister of Energy visits Cyprus in the second half of July, Foreign Minister Ioannis Kasoulides has said. In
