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What do you think about the unification of Cyprus?

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Cyprus property market expects full stagnation
23.05.2013

Cyprus property market expects full stagnation

Raising taxes on property in Cyprus will lead to the collapse of the market.

The economic downturn in Cyprus will be deeper than expected
22.05.2013

The economic downturn in Cyprus will be deeper than expected

Cyprus expects a deeper recession than currently forecast creditors of this island nation - the EU and the International Monetary Fund / IMF /.

The investigation is going to withdraw money during the closing of banks
21.05.2013

The investigation is going to withdraw money during the closing of banks

Cyprus being investigated reports of withdrawal from the country 2,2 billion euros at a time when banks were closed - Parliamentary Commission.

Experts
21.05.2013

Experts "troika" of creditors arrived to Cyprus to check

"Troika" of international lenders / European Commission, the European Central Bank and the International Monetary Fund / expert level started today to study the situation in the financial sector of Cyprus after the entry into force of the agreement on the allocation of the country credit assistance.

Reasons for the fall in demand for property in Cyprus
20.05.2013

Reasons for the fall in demand for property in Cyprus

Demand for Cyprus Property quite noticeably dropped since March this year.

Cyprus is trying to save the country's gold reserves
20.05.2013

Cyprus is trying to save the country's gold reserves

The Cyprus government has said that the country can avoid selling gold reserves, if found alternative sources for repayment of the loan from the European Commission.

Cyprus removed restrictions on the operation of another Bank of the Russian Federation
18.05.2013

Cyprus removed restrictions on the operation of another Bank of the Russian Federation

Cyprus Finance Ministry has removed restrictions on banks Bank of Beirut SAL, Banque BEMO SAL, Banque SBA, Barclays Bank PLC, BBAC SAL, BLOM Bank SAL, Credit Libanais SAL, Jordan Ahli Bank plc, Lebanon and Gulf Bank SAL, OJSC Promsvyazbank, Privatbank Commercial Bank , Russian Commercial Bank (Cyprus) Ltd.

Anti-crisis program of Cyprus hit depositors RF
18.05.2013

Anti-crisis program of Cyprus hit depositors RF

Anti-crisis economic program for Cyprus provides, including the restructuring of the Russian loan of 2,5 billion euros obtained in 2011 year.

Europe agrees thinks Russia
18.05.2013

Europe agrees thinks Russia

May 13 Cyprus EU approved the allocation of the first tranche of international financial aid, since all the conditions for the provision of the first tranche of Cyprus met.

EC: Cyprus problem will not have a strong influence on Greece
17.05.2013

EC: Cyprus problem will not have a strong influence on Greece

The crisis in Cyprus, will excite the markets in early spring difficult process harmonization of external financial assistance

Moody's has withdrawn the ratings of some Uniastrum Bank
17.05.2013

Moody's has withdrawn the ratings of some Uniastrum Bank

International rating agency Moody's has withdrawn the long-and short-term deposit ratings Uniastrum bank in foreign and local currencies

Cyprus can avoid selling gold reserves
17.05.2013

Cyprus can avoid selling gold reserves

Cyprus can avoid selling gold reserves, if it finds alternative sources of repayment of the EU and the IMF - Finance Minister.

Haris sure that Russia is ready to soften the terms of the loan
17.05.2013

Haris sure that Russia is ready to soften the terms of the loan

Cyprus Finance Minister Haris Georgiadis expressed confidence that "the delay in the revision of the terms of Russia issued in 2011 year loan and its prolongation will not."

Cyprus real estate market collapsed
16.05.2013

Cyprus real estate market collapsed

Cyprus fell sharply the demand for real estate after the March decision of the Eurogroup "haircut" of bank deposits and the subsequent introduction of restrictions on the island for banking operations.

Cypriot Spring: how to live the island after the crisis
16.05.2013

Cypriot Spring: how to live the island after the crisis

After the financial crisis, the role of tourism in the economy of Cyprus has increased, but locals fear that Russian tourists will not come.

Cypriot banks accused of large-scale money laundering
16.05.2013

Cypriot banks accused of large-scale money laundering

International auditors suspect Cypriot banks in the broad practice of money laundering, reports Reuters.

S & P:
16.05.2013

S & P: "Haircut" deposits in Cyprus could set a precedent

Experts of international rating agency S & P believe that the "haircut" of deposits in Cyprus could set a precedent for the euro area.

Cypriot policy for the abolition of the Memorandum with the triple
16.05.2013

Cypriot policy for the abolition of the Memorandum with the triple

Cyprus has to fight for a way out of the Memorandum and the credit agreement within the euro area, decided yesterday, most of the political forces of the island.

Leaders called for the withdrawal of Russian capital from Cyprus
16.05.2013

Leaders called for the withdrawal of Russian capital from Cyprus

Reuters has called leaders on taking the capital of Cyprus.

IMF gave Cyprus a 1 billion euros
16.05.2013

IMF gave Cyprus a 1 billion euros

IMF approved a three-year loan to Cyprus 1 billion euros (1,3 billion dollars). The first tranche will be 110,7 million, reports Reuters.

Cyprus GDP per 1-quarter decreased by 4,3 percent
15.05.2013

Cyprus GDP per 1-quarter decreased by 4,3 percent

Cyprus GDP in the first quarter decreased by 2013 4,3 percent compared with the same period last year, reports the Statistical Service of Cyprus.

Cyprus appeal to Russia for bailout was a mistake
15.05.2013

Cyprus appeal to Russia for bailout was a mistake

Former Finance Minister Michalis Sarris Cyprus considers that the treatment of the country to the Russian authorities for financial assistance was a big mistake.

Complete absorption of the assets of the Cyprus National Bank
15.05.2013

Complete absorption of the assets of the Cyprus National Bank

Bank of Cyprus has completed the process of absorption of residual balance of the Cyprus National Bank, which was a significant step in the restructuring of the largest on the island of the credit institution.

EU and IMF will follow the struggles of Cyprus money laundering
15.05.2013

EU and IMF will follow the struggles of Cyprus money laundering

Cyprus received on Monday the first tranche in the amount of aid 2 billion euros, subject to strict controls within two years of compliance on the island of measures to combat money laundering

Cyprus intends to regain the confidence of global markets to 2016 year
15.05.2013

Cyprus intends to regain the confidence of global markets to 2016 year

Cyprus hopes to return to the world's financial markets in 2016 year. The statement was made head of the Cypriot Finance Minister Haris Georgiadis, speaking on state radio CY BBC.

London investors eyeing Cyprus
14.05.2013

London investors eyeing Cyprus

In London, the organization started a new investment club that will work with Cyprus and Greece.

Anastasiadis intends to recreate the island Financial Center
14.05.2013

Anastasiadis intends to recreate the island Financial Center

Cyprus President Nikos Anastasiadis still hopes to return the island as an international financial center, attractive to foreign investors.

Cyprus EC advises not to remove capital controls
14.05.2013

Cyprus EC advises not to remove capital controls

The Commission recommends that Cyprus has not yet removed the restriction on the movement of capital introduced in connection with the process of providing the island bailout and subsequent write-offs of deposits and fears of a serious outflow of capital

13.05.2013

"Daughter" VTB Cyprus resumed work in full

"Daughter" VTB Cyprus - Russian Commercial Bank / RSC / - was resumed in full, the bank said VTB.

Cyprus has received the first tranche of aid in the amount of 2 billion euros
13.05.2013

Cyprus has received the first tranche of aid in the amount of 2 billion euros

Cyprus has received from the Financial Stability Mechanism, acting on behalf of the entire eurozone, the first tranche of financial aid in the amount of 2 billion euros.

Cyprus is expected to mitigate the banking restrictions
13.05.2013

Cyprus is expected to mitigate the banking restrictions

Significant softening of banking restrictions for commercial and private transactions are expected to be announced this week, after negotiations between the Ministry of Finance and the central bank.

Eurozone ministers will discuss the allocation of aid to Cyprus and Greece
13.05.2013

Eurozone ministers will discuss the allocation of aid to Cyprus and Greece

The finance ministers of the euro area in Brussels on Monday to discuss the allocation of financial assistance to Cyprus and Greece.

Cyprus players do not pay wages
13.05.2013

Cyprus players do not pay wages

Cypriot football teams players are not paid their salaries for several months, the website Sentragoal.

The restructuring of Cyprus Airways
12.05.2013

The restructuring of Cyprus Airways

Cypriot government and the unions, uniting employees airlines Cyprus Airways, reached an agreement on the restructuring of the national airline

Moscow has not yet agreed to extend a loan to Cyprus
11.05.2013

Moscow has not yet agreed to extend a loan to Cyprus

Russia has not yet agreed to extend the maturity of the loan amount Cyprus 2,5 billion euros, told the Deputy Finance Minister Sergei Storchak the sidelines of the annual meeting of the European Bank for Reconstruction and Development (EBRD)

Ministry of Finance of Cyprus resumed operations of two Russian banks
11.05.2013

Ministry of Finance of Cyprus resumed operations of two Russian banks

Cyprus removed restrictions on banking operations 4 foreign banks, including Russian 2.

Most of the losses suffered by foreign investors
10.05.2013

Most of the losses suffered by foreign investors

The head of the Central Bank of Cyprus: About 70% of investors who lost money in Cypriot banks - foreigners.

Charly blames the IMF
10.05.2013

Charly blames the IMF

Work continues on the Commission of Inquiry, with explaining the causes of the financial crisis in Cyprus.

Program against unemployment
10.05.2013

Program against unemployment

A new government program Employment 8 000 unemployed, which is allocated for the implementation of 3 million euros, launched 7 May.

Nicosia: Cyprus, Russia agreed to extend credit
10.05.2013

Nicosia: Cyprus, Russia agreed to extend credit

Moscow has agreed to extend the loan granted to Cyprus, said in Washington Foreign Minister Ioannis Kasoulides island nation on Thursday.