Vassos Shiarly

Cyprus may have to pump up to 2.5 billion euros into Greek-exposed Popular Bank to cover losses on a Greek writedown if the bank's own recapitalisation attempts fail, a newspaper reported on Friday. State intervention in the bank - Cyprus's...

Cypriot President Demetris Christofias, reshuffled his cabinet Monday and appointed former banker Vassos Shiarly as finance minister after Kikis Kazamias tendered his resignation on health grounds. According to government spokesman Stefanos Stefanou two other key ministries have changed hands. Interior Minister...