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Cyprus

EU Bailout Cannot Be Excluded, Cyprus CB Governor Says

New Cyprus Central Bank Governor Panicos Demetriades did not exclude the possibility for Cyprus to seek entry to the European bailout mechanism (European Financial Stability Facility - EFSF), in a bid to support the recapitalization efforts by Cyprus Popular...

Vanishing Cyprus: Tears for Democracy

Diogenes the Cynic (412-323 BCE) often walked out in broad daylight carrying a lit lamp claiming that he was looking for an Honest Man (Anthropo) but all he could find was nothing but scoundrels; his philosophic cynicism then, is...

Greece and Cyprus Pass to Eurovision Final (Video)

Eleftheria Eleftheriou and Ivi Adamou (photo) will both be at the Eurovison 2012 final. The singers, who represent Greece and Cyprus respectively, amazed the crowds in Azerbaijan, where the contest is taking place, and qualified for the final. Eleftheriou's song...

Government Dismisses Reports Claiming Deployment of Israeli Soldiers in Cyprus

The Cyprus government has dismissed news reports published by Anadolu news agency, claiming that Cyprus and Israel have concluded an agreement providing for the deployment of thousands of Israeli soldiers in Cyprus. Deputy Government Spokesman Christos Christofides said these were...

Israel Denies Claims of Troop Deployment to Cyprus

Israel΄s Foreign Ministry has denied a report that claimed the country hoped to deploy as many as 20,000 commandos to Greek Cyprus to protect nationals working on energy projects. Anatolia news agency reported yesterday that Israel had proposed to Greek...

Threats of Reprisal to Cypriot Project Candidates

The Turkish Foreign Minister has asked candidate groups for a Greek-Cypriot tender on the exploration of gas and petroleum off the island to withdraw, threatening them in case they do not step back, to exclude them from any future...

37th Cyprus International Fair Opens its Doors Next Week

Two hundred and forty seven exhibitors representing over 1000 local and international companies will participate in the 37th Cyprus International Fair, which will open its doors on May 18 and will remain open until May 27. The state fair will...

Logo of the Cyprus Presidency of the Council of the EU Unveiled

A ship hoisted sails as of Wednesday steering for a new journey, having as its destination the heart of Europe, carrying with it the spirit and enthusiasm for the first Cyprus Presidency of the Council of the EU. This ship/bird...

Cyprus: Noble Energy Discovers Natural Gas Reserve

Noble Energy has discovered a vast natural gas reserve which exceeds the demands of both Greek Cyprus and Israel combined, Anatolia news agency reported yesterday. Noble has been drilling to find natural gas deposits in the 12th block known as...

Turkish Cypriots Say that There΄s a Plan B if Unity Talks Fail

Turkish Cypriot authorities are preparing a unilateral "Plan B" for northern Cyprus should long-running talks on reunifying the divided Mediterranean island founder, according to a senior envoy for the breakaway state. According to Reuters, Kudret Ozersay did not elaborate what...