Cyprus - Page 1665

Temperatures soared to 46 degrees Celsius on Sunday, defying Met Office projections of 42 degrees in the capital Nicosia, forcing thousands of people to seek shelter on the beaches and in the

Fugitive business tycoon Asil Nadir was granted bail by a London court on Friday providing he returns to Britain to face fraud charges relating to the collapse of his Polly Peck empire

Greek and Turkish Cypriot law enforcers have set up a joint information centre to fill a policing gap fostered by years of estrangement since the Mediterranean island was divided decades ago by

Cyprus's general government deficit narrowed to 1.9% of GDP on a cash basis in the first half of 2010, compared to 2.5% in the corresponding period last year, the finance ministry said

One of the closest aides to Cyprus President Demetris Christofias quit on Tuesday after it emerged that a member of his staff had tried to intervene in army appointments, the government said.

Alpha Bank, Greece's third-largest lender, said on Tuesday it sold a 1 bln euro ($1.29 bln) covered bond to boost liquidity. "The covered bond may be pledged with the European Central Bank

Greek bank stocks were up sharply on Tuesday, continuing Monday's rally with brokers citing merger talk and low valuations as the main drivers. "What's driving the rise is the fact that Greek

Travel abroad from Cyprus rose by 5.4% over the year earlier in June according to the latest figures from the Statistical Service. On the basis of the results of the Passengers Survey,

  * Regards Turkey as key emerging market, seeks closer ties — British Conservative Prime Minister David Cameron will promise on Tuesday to fight for Turkey to join the European Union and

Irving Picard, the court-appointed trustee overseeing the liquidation of Bernard Madoff's investment firm, is preparing to file new lawsuits to recover funds from investors who were also duped by the Ponzi scheme,