Calamos Supports Greece

Cyprus News

Cyprus Offers Energy Line For Turkey

NICOSIA - Cypriot President Nicos Anastasiades said prospects for oil and gas finds off the island's coast could provide an incentive for Turkey, which unlawfully invaded in 1974, to finally settle on a reunification plan and have access to...

Anastasiades Sees Cyprus Talks Resuming, Briefs Samaras On Progress

Cypriot President Nicos Anastasiades, who said talks with Turkish Cypriots to reunify the island were likely dead, said there are some signs of life again and that he now sees “serious prospects” for the two sides to sit down...

Bad Loans Overwhelm Cypriot Banks

Cyprus' reeling banks, brought to the edge of ruin by bad loans and bad business decisions, now have to face a mountain of non-performing loans as people hit by austerity measures can't afford to pay what they owe, further...

Cypriot Highway Patrol Issuing 'Video' Tickets

Highway patrol plus drivers, equals tickets being issued most of the time. Drivers violating the law are faced with fines issued by highway patrol officers. This was also the case in Cyprus, at least until yesterday. On Thursday, the highway...

Vanishing Cyprus: Long Road to Reunification

The Anastasiades government is determined to resolve the Cyprus issue one way or another. This is probably an IMF EU-Troika mnimonio memorandum condition that no politician dares to talk about openly. It is not certain, but public sentiment indicates...

EU Says Greek Bank Deposits Safe

The European Union has rebutted a claim by a member of the major opposition party Coalition of the Radical Left (SYRIZA) said that Greece's international lenders might authorize partial confiscation of guaranteed bank accounts - similar to what Cyprus...

Vanishing Cyprus: Poisoned Loans

While citizens across the Eurozone are squeezed with crippling austerity measures, today’s 28 million unemployed prove that EU policies have not worked for the greater good of the people. Realistically, employment was never a part of the EU master...

Greece Wants Turkey Out of Cyprus

In a statement certain to be ignored, Greece has urged Turkey to comply with international law and to withdraw its occupying forces from Cyprus, where they have had a presence since seizing the territory in 1974. In a statement on...

Referendum Is the Essence of Democracy: Vanishing Cyprus

  When citizens in a democracy are deprived of the right to a referendum, a pseudo-democratic system will take root and ultimately erode people’s rights and lead to tyranny. Equally, some others will argue that direct democracy in essence embodies...

Jobless Cypriot Father Gives His Baby for Adoption

Cyprus is being more and more affected by the financial crisis, something that led a jobless father to give his 10-month child for adoption, in order to raise his two other minor children. As incredible as it seems to the...