Cyprus

Cyprus still has options open to find urgently needed funds to recapitalise its banks, either through the EU rescue fund or through a bilateral loan, its finance minister said on Tuesday, Reuters reported. "We are optimistic we will get the...

Cyprus' Minister for Defence in the Council of the European Union, Iliadis Demetris, hosted a French official at the Aegeon (or Aegean) tavern in Nicosia and was so satisfied by the service and the food that he booked the...

Moody's has cut the credit rating of Cyprus by two notches, citing the nation's close links to Greece and the rising likelihood that Athens will exit the euro zone. Moody's Investors Service on Wednesday downgraded Cyprus's government bond ratings to...

Cyprus' Finance Minister warned Wednesday that the eurozone country could seek a European Union bailout to help recapitalize its banking sector before crucial elections in Greece this Sunday. Vassos Shiarly said that the Greek elections - seen as a vote...

Cyprus looked poised to be the next eurozone economy to be bailed out, as its finance minister warned just days remain to meet a key deadline to shore up its banks. The island and its financial sector are heavily exposed...

A song dedicated to Cyprus’ EU presidency has gone viral on the internet over the last two days with some convinced it’s a spoof while others believe it to be the official song. The song “You are welcome friends to...

There is a serious possibility the Cyprus government might have to turn to the European Financial Stability Facility (EFSF) in order to get support for its banking system, Acting Government Spokesman Christos Christofides said on Tuesday. Speaking to the press,...

Cyprus could become the fourth country to seek financial help from its European neighbors as early as this month. The island nation is likely to need a bailout to recapitalize its banks, which have been rocked by neighboring Greece’s crisis,...

CANNES - Androulla Vassiliou, the Cypriot European Commissioner for Education, Culture, Multilingualism, and Youth, arrived in Cannes in order to promote the EU’s MEDIA program and give the first ever ‘Prix MEDIA’ award to Iranian filmmaker Ashgar Farhadi, the...

The Republic of Cyprus has submitted to the Committee of Ministers of the Council of Europe a Memorandum which reveals that the Turkish army is in possession of information related to the identity and the burial sites of killed...