Cyprus is facing increasing pressures by its creditors, since its partners refused to proceed with the finalization of the loan agreement before money laundering is clarified. Yesterday's Eurogroup’...
The government sought the intervention of the Church of Cyprus so that the Russian church speaks to the Russian government to see positively the request for financial assistance. This is what...
The public debt of Cyprus increased by 1.3 percentage points of GDP in the third quarter of 2012 compared with the second quarter, while in Greece the increase stood at 3.4 percentage points,...
Financial problems of the small island state of Cyprus should not be underestimated, because they could still derail the still fragile confidence in the euro zone, European Central Bank board member...
The number of financial institutions in Cyprus has recorded the largest decline in Europe in the past nine years, according to European Central Bank data released on Monday. The decline that has...
The support program of Cyprus will be reviewed by the Eurogroup today without having clear indications on the capital needs of the banks and the time frame of finalization of negotiations launched in...
Cyprus together with France had the second lowest rate of inflation in the euro area after Greece, according to Eurostat data released on Wednesday. The annual HICP in Cyprus in December 2012...
Central Bank Governor, Panicos Demetriades warned that a possible haircut of the Cypriot debt could undermine the investor confidence in Cyprus and the wider euro area. In his interview to the...
The EU leaders sent messages of solidarity to the Cypriot people in their effort to deal with the financial crisis and expressed their support to candidate for presidency, Nicos Anastasiades in the...
The European Central Bank decided on Thursday to leave interest rates on hold at the historic low of 0.75%. The ECB announcement is as follows: At today’s meeting the Governing Council of the ECB...