Thousands of Turkish Cypriots marched on Wednesday against Ankara-inspired spending cuts as mounting dissent strained ties with Turkey and threatened to hit reunification talks with Greek Cypriots. More than 25,000 protesters, angry
— CoCos, covered bonds to raise €3.3 bln; Acquisitions in Greece in 2011-2012? — Bank of Cyprus and Marfin Popular Bank, the island’s two main banks with a significant exposure to debt-riddled
— Loans grow in Russia, Serbia, Ukraine and Cyprus – Cyprus-based lender Marfin Popular's net profit fell almost 50% last year as weak fixed income and equity markets weighed on income. The
Bank of Cyprus said on Monday it planned an issue of up to 1.34 bln euros worth of Convertible Enhanced Capital Securities to meet tighter capital rules. Existing shareholders will have priority
— Proposes reduced dividend; provisioning costs rise — Net profit at Bank of Cyprus fell 2% last year to 306 mln euros after a jump in loan provisions and is likely to
Britain's Colin Firth won his first Oscar on Sunday for playing a stammering monarch in "The King's Speech", crowning a virtual clean sweep of the movie awards season. The best actor victory
France will send two planes full of medical aid to the Libyan city of Benghazi, held by opponents of Muammar Gaddafi, marking the start of a humanitarian operation, Prime Minister Francois Fillon
Possible natural gas reserves located in Cyprus' Exclusive Economic Zone (EEZ) should be incorporated in the initial planning for the use of natural gas for electricity generation, said the Electricity Authority of
All Cypriots who have, to date, expressed their wish to leave Libya have done so, Foreign Minister Marcos Kyprianou said on Sunday. In a statement Kyprianou stated that on Saturday evening 11
— Losses reduced in Greece — Hellenic Bank Group announced generally satisfactory results on Friday, with profits reduced to a third, marginal increase in expenses and a steady net income for the
