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Cyprus News

Gazprom Offers Cyprus Restructuring Deal to Avoid EU Bailout

Russian energy giant Gazprom has offered the Republic of Cyprus a plan in which the company will undertake the restructuring of the country's banks in exchange for exploration rights for natural gas in Cyprus'’ exclusive economic zone, local media...

Cyprus' Election Empowers The Politocracy

  For some, the elections in Cyprus have ended in absolute euphoria. For others, it was a dismal disappointment. For better or worse, the people have made their choice and Nicos Anastasiades, the DYSI candidate and a familiar face in...