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Cyprus crisis will exacerbate the recession in Greece
04.04.2013

Cyprus crisis will exacerbate the recession in Greece

The financial crisis will exacerbate the problems in Cyprus in Greece and lead to even more severe recession in the Greek economy, the 2013

Cyprus Airways is on the verge of financial collapse
04.04.2013

Cyprus Airways is on the verge of financial collapse

Pancyprian pilots union appealed to the Government of Cyprus to immediately intervene and take measures to "prevent the economic catastrophe airlines Cyprus Airways.

Treasure Island: Money Back from Cyprus
04.04.2013

Treasure Island: Money Back from Cyprus

Events in Cyprus initiated the discussion about where the money will flow to Russia and Cyprus where it will look for a safe haven business.

Hungary showed
04.04.2013

Hungary showed a "red card"

German state television showed NDR Hungarian Prime Minister Viktor Orban, in a clown suit.

Credit in 10 billion euros: Dangerous savings Cyprus
04.04.2013

Credit in 10 billion euros: Dangerous savings Cyprus

In comparison with the huge sums given out to help banks and countries in the eurozone crisis, 10 billion euros issued by Cyprus, seem a small amount, but it fits 60% of GDP of the island nation, writes Nicholas Kwasniewski in the comments for Spiegel Online.

Chapter CBR: The situation in Cyprus will not affect Russian banks
03.04.2013

Chapter CBR: The situation in Cyprus will not affect Russian banks

The situation in Cyprus is not entail systemic consequences for Russian banks, said the head of the Bank of Russia Sergei Ignatiev.

SCM Group has confirmed the withdrawal of money from Cyprus to crisis
03.04.2013

SCM Group has confirmed the withdrawal of money from Cyprus to crisis

Group System Capital Management / SCM / Ukrainian businessman Rinat Akhmetov has confirmed the withdrawal of money from Cyprus to the crisis, Itar-Tass learned at the press service of the SCM.

Central Bank announced defrosting 10 percent of large depositors
03.04.2013

Central Bank announced defrosting 10 percent of large depositors

Central Bank of Cyprus announced today the entry into force of the decision to unfreeze 10 percent in deposits over 100 thousand euros at the Bank of Cyprus, which had been frozen in accordance with the agreement of the government and the Eurogroup in Brussels on March 25.

Workers Cypriot banks hold strike Thursday
03.04.2013

Workers Cypriot banks hold strike Thursday

Workers Cypriot banks hold on Thursday a two-hour warning strike with the requirement to maintain their pension funds and will march to parliament.

As spud Latvia
03.04.2013

As spud Latvia

European Parliament President Martin Schulz support Latvia's accession to the euro area, and promises that the money is switched to the euro countries will not be used to pay pensions to the citizens of Greece.

Cyprus euro split
03.04.2013

Cyprus euro split

"Stabilization program of the Cyprus financial sector caused in close to the financial market circles the debate about whether the administration will not lead to a split capital controls European currency, probably unintended.

FT: Predpravleniya Gazprombank closed the account in March Laiki 6
03.04.2013

FT: Predpravleniya Gazprombank closed the account in March Laiki 6

The name of Andrei Akimov on the list of individuals and companies that withdrew their money from troubled bank shortly before the crisis; list was the newspaper of the Communist Party of Cyprus

Barroso: Eurozone countries have overcome the worst part of the crisis
03.04.2013

Barroso: Eurozone countries have overcome the worst part of the crisis

Eurozone countries have overcome the worst part of the debt crisis, but the situation is still unstable. As reported by Reuters, said today the head of the European Commission (EC) President Jose Manuel Barroso.

How to withdraw money from Cyprus
03.04.2013

How to withdraw money from Cyprus

Customer problems Cypriot banks have already created a new business - the drafters of the "Nigerian letters" and debt buyers promise to save some of the money for the high reward

The IMF will provide Cyprus 1 billion euros
03.04.2013

The IMF will provide Cyprus 1 billion euros

The International Monetary Fund over the next three years will provide the authorities of Cyprus 1 billion euros, said the head of the organization, Christine Lagarde.

Cyprus: Germany threw off the shackles of the euro (Part 2)
03.04.2013

Cyprus: Germany threw off the shackles of the euro (Part 2)

Ultimately, 2010-2013 years in Europe ends up, and this should have ended back in 1990-1992 year

Sworn in the new Minister of Finance of Cyprus
03.04.2013

Sworn in the new Minister of Finance of Cyprus

At the presidential palace in the capital city of Cyprus today sworn in as the new Minister of Finance Haris Georgiadis.

Government of Cyprus
03.04.2013

Government of Cyprus "managed to defuse a nuclear bomb"

Under the Cyprus economy "was the nuclear-bomb", but the government was able to defuse and prevent the complete bankruptcy of the country.

Protection of foreign investors from the cancellation of the deposit
03.04.2013

Protection of foreign investors from the cancellation of the deposit

Cypriot court established a precedent, protection of foreign investors from writing off part of its deposit with the Bank of Cyprus, told the local media today.

The new Minister of Finance of Cyprus became Haris Georgiadis
03.04.2013

The new Minister of Finance of Cyprus became Haris Georgiadis

Haris Georgiadis today appointed the new Minister of Finance of Cyprus. This was reported by the Office of the President.

The Government of Cyprus
03.04.2013

The Government of Cyprus "freeze" the growth in pension payments.

The Government of Cyprus "freeze" the growth of pension benefits and increase the retirement age by two years - until 67 years.

Why Russia is creating a Mediterranean fleet
02.04.2013

Why Russia is creating a Mediterranean fleet

The situation in Syria has led to the fact that Russia has decided to create a connection to the Russian Navy, operating in the Mediterranean Sea on a permanent basis

Cyprus: Germany threw off the shackles of the euro (Part 1)
02.04.2013

Cyprus: Germany threw off the shackles of the euro (Part 1)

Played out in the media a big get-together between, on the one hand, Merkel, on the other hand, Putin allegedly due 2 billions of dollars stolen from the Russian economy, and threatening to stay in Europe because of the "strong" position in Germany

British division contributor Laiki will not pay a fee
02.04.2013

British division contributor Laiki will not pay a fee

Thousands of depositors of the British division of the Cyprus National Bank / Laiki Bank / do not have to pay a fee to the bank deposits introduced Nicosia.

Since Cyprus is now possible to deduce 25 thousand. Euros at a time
02.04.2013

Since Cyprus is now possible to deduce 25 thousand. Euros at a time

Cypriot authorities partially weakened control over financial transactions, while maintaining most of the restrictions on them.

Cyprus Finance Minister resigned
02.04.2013

Cyprus Finance Minister resigned

Cyprus Finance Minister Michalis Sarris resigned his statement was taken by the President of Cyprus.

Cyprus Stock Exchange opened fall on 0,5%
02.04.2013

Cyprus Stock Exchange opened fall on 0,5%

The Cyprus Stock Exchange opened on Tuesday, the first time since the fall on March 15 0,5%, according to data of the website trading platform.

G. Vassiliou:
02.04.2013

G. Vassiliou: "They had a revolver with bullets, we have - nothing"

Cyprus entered incorrectly, and talks about the plan of salvation were made dishonestly, said in an interview with Le Monde former president George Vassiliou.

The Cyprus Stock Exchange resumes
02.04.2013

The Cyprus Stock Exchange resumes

Today resumed trading on the Cyprus Stock Exchange, except for banks BoC (Bank of Cyprus) and Laiki.

Cyprus becomes a problem of ideology
02.04.2013

Cyprus becomes a problem of ideology

Russia's position in the "Cyprus issue" tougher European

Defrosting of the deposits
02.04.2013

Defrosting of the deposits

As expected, today, 2 April the central bank unfreeze 10% of deposits in the Bank of Cyprus, the amount of which exceeds 100 thousand. Euros.

Analyst: Capital return to Cyprus through 3-4 years
02.04.2013

Analyst: Capital return to Cyprus through 3-4 years

Capital return to Cyprus will not be back sooner than 3-4, when the banking sector is finally sanitized.

Bank of Cyprus will be the leading financial institution in the island
02.04.2013

Bank of Cyprus will be the leading financial institution in the island

After the restructuring of the Bank of Cyprus became a leading financial institution in the island, with access to the liquidity of the European Central Bank.

IMF requires the implementation of a package of austerity measures
02.04.2013

IMF requires the implementation of a package of austerity measures

International Monetary Fund / IMF / during the negotiations on the signing of the memorandum on the so-called economic reforms demanded by the Cypriot government implement a package of austerity measures, reports the Greek newspaper "Vima".

Romanian authorities did not allow a repetition of the Cypriot script
02.04.2013

Romanian authorities did not allow a repetition of the Cypriot script

This was stated today by President Traian Basescu, commenting panic in the banks in Romania after the authorities agreed to Nicosia with the requirements of lenders to tax contributions in excess of 100 thousand euros.

Cyprus is no longer an offshore zone for a year before joining the EU
01.04.2013

Cyprus is no longer an offshore zone for a year before joining the EU

Cyprus is no longer an offshore zone for a year before joining the European Union in 2003 year, said in Moscow at a press conference in the Russian Ambassador of Cyprus Petros Kestoras.

Good Russian from Limassol
01.04.2013

Good Russian from Limassol

Cypriot city, writes Oliver Trenkamp in Der Spiegel, fighting for their reputation.

Cyprus is looking for the people behind the banking crisis
01.04.2013

Cyprus is looking for the people behind the banking crisis

Hunting for "guilty", responsible for the banking crash in Cyprus, is fraught with great political unrest in the country, but even more disturbing may be the consequences of the crisis for its relations with the EU, writes The Financial Times.

From zombie bank to zombie economy
01.04.2013

From zombie bank to zombie economy

The political failure of the euro zone, manifested in the negotiations on the bailout of Cyprus, and its blatant attempt to destroy the reputation of an EU member state, revealed the deep incompetence and malicious nationalism, still existing in Europe.

Who would want to cover?
01.04.2013

Who would want to cover?

Recently, the police noted a sharp increase in the number of thefts in Cyprus, daily recording more new cases.