Calamos Supports Greece

Cyprus

Orphanides Says Cyprus Economy at Critical Juncture

Cyprus must not waver from the path of austerity if its economy is to emerge with a clean bill of health from the vicious cycle in which it is trapped, the outgoing head of its central bank said on...

Cyprus Government Describes Oil Drilling in Famagusta as Illegal

The Cyprus Government has described the drilling for hydrocarbons in the Turkish occupied area of Famagusta "illegal," noting that this action demonstrates Ankara’s and Turkish Cypriot leadership’s lack of will for a solution to the Cyprus problem. Government Spokesman Stephanos...

Athens Court Finds Defendants Guilty in Helios Air Crash

A Greek court sentenced four employees of Helios Airways, a defunct Cyprus budget carrier, on Friday for their part in a 2005 plane crash in which 121 people died after being deprived of oxygen. The Athens court verdict came despite...

Sultan of Oman Spends Vacation in Cyprus

Sultan of Oman Qaboos bin Sa'id arrived in Cyprus with his private jet, this time not to cut business deals but to spend some vacation time. The Sultan booked two floors of hotel “Le Meridien” in Limassol until the end...

Cyprus Fully Respects Places of Worship of Turkish Cypriots

The Government of Cyprus rejects and denounces the Turkish Cypriot side’s attempt to politicize a fire that was set to the Haji Ibrahim Aga mosque in Limassol, Government Spokesman Stephanos Stephanou underlined on Tuesday. Stephanou said that the fire was...

Cyprus: Turkish 'Plan B' Violates UN Resolutions, Spokesman Stresses

Cypriot government spokesman Stephanos Stephanou said that Plan B for a solution to the Cyprus issue that Ankara is advertising is against international law and violates UN resolutions. Stephanou made the remark after being invited to comment on a report...

Cypriot Bank Losses From Greek Bond Swap "Manageable"

Losses incurred by Cypriot banks from a Greek debt restructuring are "manageable" and Cyprus is ready to support its lenders, if needed, European Central Bank governing council member Athanassios Orphanides said Thursday. Orphanides, who is also the governor of the...

Greek Priest Nabbed at the Airport with Three Kilos of Cannabis

A Greek priest has been remanded for eight days after being caught with three kilos of cannabis in his bags while arriving at Larnaca Airport. The 37-year-old was arrested at the airport on Wednesday night after arriving from Athens. Drugs Squad,...

Loukas Papademos Starts Official Visit to Cyprus

Prime Minister Loukas Papademos arrived in Cyprus today for a two-day official visit, the first since the assumption of his duties. ''Our aim," Papademos said on his arrival to Cyprus, ''is to achieve a better coordination as regards the efforts...

Greek Prime Minister to Visit Cyprus

Greek Prime Minister Loucas Papademos will be paying an official visit to Cyprus on April 5 and 6, accompanied by Minister of Foreign Affairs Stavros Demas, Minister of State Pantelis Kapsis and government officials. President of the Republic of Cyprus...