Go to Publicity
What do you think about the unification of Cyprus?

What do you think about the unification of Cyprus?

For

Против

We must leave it as it is


News from Partners:

News of economics

Delay in filing returns
02.08.2013

Delay in filing returns

VAT office informs the public that the deadline for filing of Value Added Tax for individuals from the roster of VAT, for which tax period expired 30 June 12 extended to August inclusive (as 10 of August - the day off).

01.08.2013

"Cropped" customers will 81% equity

The composition of the Shareholders of the Bank of Cyprus, following the completion of the "haircut" of uninsured deposits of the largest and the system for the economy of the credit institution.

01.08.2013

"Troika" gave the green light to aid tranche in Cyprus 1,6 billion €

First revision of representatives of creditors - the "troika" - the economy of Cyprus island after receiving external financial assistance package from the eurozone and the IMF showed that the country meets the requirements of credits, and the program of economic recovery is a normal course, shows the message "Three."

Pissaridis Endorses "haircut"
31.07.2013

Pissaridis Endorses "haircut"

On news that Cyprus and the "troika" finally agreed on the amount of "haircut" of uninsured deposits in the Bank of Cyprus (47,5%), the country's chief economist optimistic.

Bank of Cyprus has moved out of the external control
30.07.2013

Bank of Cyprus has moved out of the external control

Bank of Cyprus has completed the recapitalization process, converting today 47,5% of uninsured deposits in the action.

The new decree Finance
30.07.2013

The new decree Finance

Cyprus Finance Ministry issued another decree concerning capital controls and valid for seven days.

Cyprus confirmed cancellation 47,5% from deposits in Bank of Cyprus
30.07.2013

Cyprus confirmed cancellation 47,5% from deposits in Bank of Cyprus

Write-offs to the uninsured portion of deposits in the Bank of Cyprus will be 47,5% - these funds will be converted into shares of the bank, said on Monday, Deputy Spokesman of the Government of Cyprus Victor Papadopoulos at a briefing in Nicosia.

Decision on deposits in Bank of Cyprus has not yet taken
29.07.2013

Decision on deposits in Bank of Cyprus has not yet taken

The decision on the size of the cancellation of the uninsured portion of deposits in the Bank of Cyprus is still pending, said a source in the Ministry of Finance of the island Cypriot news agency.

26.07.2013

"Haircut" deposits with the Bank of Cyprus agreed at the level 45%

International creditors have agreed to the final size of the "haircut" of uninsured deposits at the Bank of Cyprus at 45%. This was announced today Cypriot news portal "Sigmalayv", which refers to sources in the government of Cyprus.

Private bank deposits in Cyprus fell by 7,6%
26.07.2013

Private bank deposits in Cyprus fell by 7,6%

The total amount of bank retail deposits in Cyprus fell by 7,6% - to 37,6 billion., According to data published by the European Central Bank.

Financing extended
26.07.2013

Financing extended

The European Commission has approved the re-extension of the guarantee scheme for credit institutions in Cyprus until December 31 2013 year.

Cyprus bank deposits declined in June 5 billion €
26.07.2013

Cyprus bank deposits declined in June 5 billion €

The total amount of deposits in the banking system of the Republic of Cyprus fell in June 5,32 billion euro to the level 50,69 billion euros. This was announced today the Central Bank of Cyprus.

The question of the division of the Bank of Cyprus will decide its shareholders
24.07.2013

The question of the division of the Bank of Cyprus will decide its shareholders

Decision on division of Bank of Cyprus into two structures - direct retail bank and bank real estate - will be taken by the new shareholders of the largest on the island of the credit institution after September.

Opposition and church against a division of Bank of Cyprus
23.07.2013

Opposition and church against a division of Bank of Cyprus

Plans division of Bank of Cyprus into two structures have provoked criticism from the opposition and the church.

Cyprus public debt reached 15,3 billion euros
23.07.2013

Cyprus public debt reached 15,3 billion euros

Public debt of the Republic of Cyprus in the first quarter of this year reached 86,9 percent in relation to GDP. This was reported today the European Union Statistical Office / Eurostat /.

In countries where the chosen sin - there is death, terror, dictatorship
22.07.2013

In countries where the chosen sin - there is death, terror, dictatorship

Justification of the law of sin in some countries actually turns dictatorship that is "dangerous apocalyptic syndrome," said the Patriarch of Moscow and All Russia Kirill

Reorganization of Bank of Cyprus to be completed by the end of September
21.07.2013

Reorganization of Bank of Cyprus to be completed by the end of September

The reorganization plan Bank of Cyprus marks, and it should be completed before 30 September, said the interim manager of the bank Sorotos Christ.

Cyprus announced the terms of a tax amnesty
19.07.2013

Cyprus announced the terms of a tax amnesty

The Cyprus government has announced a tax amnesty, hoping to return to the island of funds derived abroad by individuals, its terms become repatriation of funds from abroad until the end of the year.

An independent audit of the Bank of Cyprus will be ready in July 22
17.07.2013

An independent audit of the Bank of Cyprus will be ready in July 22

Dimensions "haircut" of uninsured deposits at the Bank of Cyprus may become known already next week.

NSS seconded to Cyprus in the case of a special group offshore
17.07.2013

NSS seconded to Cyprus in the case of a special group offshore

To study the "offshore scandal" NSC sent a special group in Cyprus.

Cyprus hopes for a positive evaluation
17.07.2013

Cyprus hopes for a positive assessment of the "troika" of creditors

Cyprus fulfills the conditions agreed with the EU and IMF financial assistance program, and representatives of the "troika" lenders "will be convinced of this at the beginning 17 July visit" to the island.

Time to sell gold reserves of Cyprus has not yet come
17.07.2013

Time to sell gold reserves of Cyprus has not yet come

Sale of part of the gold reserve is one option, but not a priority. This was announced today by Minister of Finance of Cyprus Haris Georgiadis.

Cypriot FM: EU has no means to deal with the crisis
16.07.2013

Cypriot FM: EU has no means to deal with the crisis

The European Union is divided today than ever before in all the years of its existence, said on Monday the Minister of Foreign Affairs of the Republic of Cyprus Ioannis Kasoulides.

Moody's predicts default new Cyprus
13.07.2013

Moody's predicts default new Cyprus

New threat of default on government bonds of the Republic of Cyprus in the coming years remains elevated due to the "very significant risks faced by the country's economy and, as a consequence, the public finances."

Cyprus will strictly comply with the instructions
13.07.2013

Cyprus will strictly follow the instructions of the "troika"

The Government of the Republic of Cyprus will continue its "Herculean efforts to stabilize the financial sector and to ensure the level of liquidity needed to attract private investment."

The restructuring process has stalled Bank of Cyprus
12.07.2013

The restructuring process has stalled Bank of Cyprus

The restructuring process of the Bank of Cyprus has stalled due to the demand of its employees to the government to reimburse part of the pension fund, which fell under the "haircut" deposits into force March decision of the Eurogroup.

Tax innovation
12.07.2013

Tax innovation

Cyprus government on Friday approved the amendments to the law, according to which the reduced tax on persons injured during the reorganization of the banking sector, the representative of the Government of Cyprus Christos Stylianidis.

Ministry of Finance of the Russian Federation and Cyprus agreed restructuring of a loan
11.07.2013

Ministry of Finance of the Russian Federation and Cyprus agreed restructuring of a loan

Russia and the Republic of Cyprus in fact agreed to restructure the loan 2,5 billion euros granted by Moscow at the end of the year 2011.

New measures to stimulate the economy
10.07.2013

New measures to stimulate the economy

Ninth July President of the Republic of Cyprus Nikos Anastasiadis announced the entry into force of a number of additional measures to stimulate economic activity of investors in the Cyprus market.

Cyprus is preparing for the assessment visit
09.07.2013

Cyprus prepares for the evaluation visit the "troika" of creditors

The visit of the delegation of the "troika" of international lenders / European Commission, the European Central Bank and the International Monetary Fund / to Cyprus for the first evaluation of the implementation of the conditions of the stabilization program is scheduled for July 17.

Greece, Portugal and Cyprus need more finpomosch
08.07.2013

Greece, Portugal and Cyprus need more finpomosch

Greece, Cyprus and Portugal are likely to require additional financial assistance beyond those already received by them in the stabilization programs of the EU and the International Monetary Fund

Fitch Upgrades Cyprus with RD to the level of CCC
06.07.2013

Fitch Upgrades Cyprus with RD to the level of CCC

International rating agency Fitch upgraded the long-term issuer default rating of Cyprus in the local currency RD / "restricted default" / to CCC. This is stated in the report of the agency.

Began a criminal investigation into the causes of the crisis in Cyprus
06.07.2013

Began a criminal investigation into the causes of the crisis in Cyprus

A special commission to investigate the circumstances that led to the collapse of major banks in Cyprus and economic tragedy on the island will not be dissolved. This decision was made today by the Cabinet.

S & P upgraded the long-term sovereign rating of Cyprus
04.07.2013

S & P upgraded the long-term sovereign rating of Cyprus

The international rating agency S & P upgraded the long-term sovereign credit rating of Cyprus in foreign and national currencies to 'CCC +', according to the agency.

Party of Cyprus not happy with the conditions of the European credit
03.07.2013

Party of Cyprus not happy with the conditions of the European credit

Parliamentary parties of Cyprus not happy with the conditions of the European credit, but from the euro zone countries will not work - Speaker Omirou.

Until 150 thousand euros in exchange for voluntary dismissal
03.07.2013

Until 150 thousand euros in exchange for voluntary dismissal

Bank of Cyprus to pay 150 thousand euros each employee for the decision of the voluntary dismissal.

Moody's predicts default on its obligations to Cyprus
03.07.2013

Moody's predicts default on its obligations to Cyprus

Cyprus government bond exchange program is equivalent to a default on the obligations of the Republic, believes the international rating agency Moody's Investors Service.

Moody's blames Cyprus in breach of obligations
02.07.2013

Moody's blames Cyprus in breach of obligations

The international rating agency "Moody's" / Moody's Investors Service / believes that Cyprus has not fulfilled its obligations to the holders of government bonds of the home loan

Cyprus has successfully completed the exchange of government bonds
02.07.2013

Cyprus has successfully completed the exchange of government bonds

Cyprus has successfully completed the exchange of government bonds totaling 1 billion euros. This was stated by the Ministry of Finance.

ECB temporarily stopped accepting government bonds Cyprus
01.07.2013

ECB temporarily stopped accepting government bonds Cyprus

The European Central Bank / ECB / received on Friday decided to temporarily stop taking debt obligations issued or fully guaranteed by the Republic of Cyprus