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Fitch Downgrades Bank of Cyprus

Fitch Ratings has downgraded Bank of Cyprus (BoC) and has revised the outlooks for the island’s other two banks to negative, citing their exposure...

New Foreign Minister of Cyprus in Greece

The new Foreign Minister of  the Cypriot Democracy, Erato Kozakou-Markoulli, will visit Athens on Thursday, following her recent move from the Ministry of Communications...

Fitch Downgrades Cyprus to “BBB”; Outlook Negative

Fitch Ratings announced on Wednesday that it has downgraded Cyprus’s credit outlook to “BBB” from “A-“, negative outlook. Specifically, Fitch has downgraded the Republic of...

Christofias: UN, EU should end Turkish threats against Cyprus' EEZ

President of the Republic Demetris Christofias has stressed that recent statements made by Turkish Prime Minister on the Cyprus issue destroy any prospects to...

Cyprus: New Cabinet Announced Friday

President of the Republic of Cyprus, Demetris Christofias, appointed a new cabinet, it was officially announced Friday morning. The new Cabinet comprises of: Minister of Foreign...

Cyprus Leaders Meeting Postponed

The meeting between Cyprus President Demetris Christofias and Turkish Cypriot leader Dervis Eroglu scheduled to take place on Friday, in the framework of direct...

British Suspect for Property Usurpation Extradited to Cyprus

A 48-year-old British suspect for the usurpation of Greek Cypriot properties, occupied since the Turkish invasion of the Cyprus in 1974, will be extradited...

US Supports a Solution that Would Reunify Cyprus

The United States strongly supports Cyprus negotiations aiming to reach a settlement reunifying the island as a bi-zonal, bi-communal federation, a US State Department...

Gus Bilirakis Praises American Bill Concerning Greek Issues

The deputy Kostas(Gus) Bilirakis, member of the American Congress Committee on European Affairs and co-chairman of the Hellenic Caucus at the US Congress,...

“Holy Intervention” in the Debates Regarding Tragedy in Cyprus

Metropolitan Kykkos and Tillyrias, Nikiforos, asked everyone to let Justice be done so as to establish who is responsible for the recent deadliest tragedy at the naval base...