Senior members of the well established Greek Cypriot community in the UK, based mostly in northern London, have assumed action trying to coordinate an effort to garner support for their native country.
Cyprus, dogged by a financial crisis that could see its banks default if an international rescue package is not approved by parliament, was hit by a mild storm Friday, after a week-long
On a hot morning in July last year, Cypriot President Demetris Christofias sat with a group of journalists on the stage of the sleekly modern National Theatre in Nicosia and beamed as
Europe's paymaster Germany stepped up pressure on stricken Cyprus on Friday, rejecting its proposal to nationalise pension funds to plug its finance gap and demanding it take an axe to its banks
Any solution to the Cyprus financial problem must be accompanied by a "haircut" on bank deposits on which the Troika is insisting, if the Republic of Cyprus wishes to obtain a loan
Greece has agreed on a deal for the takeover of local units of stricken Cypriot banks, the two nations said on Friday, helping shield Greek banks from the fallout of the island's
Greece has already started the ring-fencing of Cyprus-owned bank branches with their takeover “by a Greek banking group” in agreement with the Central Bank of Cyprus. “This will shield Greece and safeguard
Cyprus's government urged lawmakers on Friday to "take the big decisions" to save the island from a financial meltdown, saying they had only a matter of hours. "The next few hours will
Cyprus has agreed with Greece on a takeover of the Greek units of Cypriot banks, the island nation's presidency said on Friday, ending uncertainty over the fate of those operations. "After talks
Petrol stations in Cyprus are in danger of closing since owners do not have cash to refill their reserves. Chairman of the Petrol Owners Association, Stephanos Stephanou told CNA that the situation
