site.news_by_theme Cyprus

Hijacked Egyptian airliner lands in Cyprus
Hijacked Egyptian airliner lands in Cyprus

A hijacker seized an Egyptian airliner and diverted it to Cyprus, before releasing all the passengers except four foreigners and the crew.

Hijacked Egyptian airliner lands in Cyprus
Amid deadlock on Greece, IMF releases funds to Cyprus
Amid deadlock on Greece, IMF releases funds to Cyprus

The International Monetary Fund, deadlocked with Greece over further financial aid, approved a new loan installment for Cyprus.

Amid deadlock on Greece, IMF releases funds to Cyprus
Mustafa Akinci: new Turkish Cypriot leader seen as dove
Mustafa Akinci: new Turkish Cypriot leader seen as dove

Mustafa Akinci, who won a run-off for the Turkish Cypriot leadership, is a veteran politician seen as best placed to revive peace talks with the Republic of Cyprus.

Mustafa Akinci: new Turkish Cypriot leader seen as dove
©Reuters/Bogdan Cristel
Cyprus fears next tranche of bailout funds at risk

Cyprus is unlikely to receive the next tranche of rescue funds from international lenders after apparently falling foul of them over new legislation.

Cyprus fears next tranche of bailout funds at risk
©Reuters/Bogdan Cristel
Bank of Cyprus completes $1 bn private share placement

Bank of Cyprus, the island's largest lender, has completed a one billion euro ($1.34 billion) capital increase in a private placement to help it restructure following a haircut on deposits last year.

Bank of Cyprus completes $1 bn private share placement
Historic mass in Turkish-held north Cyprus 'like a miracle'
Historic mass in Turkish-held north Cyprus 'like a miracle'

With a nighttime procession lit by the glimmer of devotional candles and the flash of smartphone cameras, a church in Turkish-held northern Cyprus hosted its first Easter mass in nearly 60 years.

Historic mass in Turkish-held north Cyprus 'like a miracle'
Japan's Rakuten paying $900 mn for Cypriot app-maker
Japan's Rakuten paying $900 mn for Cypriot app-maker

Rakuten, Japan's largest online shopping mall operator, said Friday it would buy Cyprus-based application maker Viber Media for $900 million, as its expands an overseas empire that includes Canadian e-reader company Kobo.

Japan's Rakuten paying $900 mn for Cypriot app-maker
Energy is 'game changer' in new Cyprus peace drive
Energy is 'game changer' in new Cyprus peace drive

Greek- and Turkish-Cypriot leaders meet Tuesday to relaunch talks on ending the island's division after a nearly two-year break, with optimism that the energy card could provide a breakthrough.

Energy is 'game changer' in new Cyprus peace drive
Rakhat Aliyev. ©youtube.com
Rakhat Aliyev applies for Cypriot citizenship

Rakhat Aliyev has applied for Cypriot citizenship.

Rakhat Aliyev applies for Cypriot citizenship
Rakhat Aliyev.
Rakhat Aliyev eyeing Cypriot citizenship

Rakhat Aliyev intends to obtain the citizenship of Cyprus: German lawyer Lothar de Maiziere.

Rakhat Aliyev eyeing Cypriot citizenship
Brussels expected to up pressure for economic reform
Brussels expected to up pressure for economic reform

The European Commission is expected on Wednesday to increase the pressure on several countries, particularly France, to speed up structural reforms seen as the only reliable way to boost growth and job creation.

Brussels expected to up pressure for economic reform
Gold claws back losses after biggest fall in 30 years
Gold claws back losses after biggest fall in 30 years

Gold prices recovered slightly Tuesday after suffering their heaviest slump in 30 years triggered by weak Chinese growth data and reports Cyprus was planning to sell part of its reserves.

Gold claws back losses after biggest fall in 30 years
Euro ministers in bid to finalise Cyprus bailout
Euro ministers in bid to finalise Cyprus bailout

Eurozone and EU finance ministers meet in Dublin from Friday to finalise the Cyprus bailout and consider extending debt repayment dates for Portugal and Ireland.

Euro ministers in bid to finalise Cyprus bailout
Chairman of Kazakhstan National Bank Gregory Marchenko. Photo by Yaroslav Radlovskiy©
Kazakhstan invested over $1 billion in Cyprus: Marchenko

Kazakhstan invested $1.162 billion into Cyprus as of the end of 2012.

Kazakhstan invested over $1 billion in Cyprus: Marchenko
Cyprus bank workers to strike over pension fears
Cyprus bank workers to strike over pension fears

Cyprus bank workers are to go on strike Thursday over fears pensions may be at risk under the country's crippling bailout, after the new finance minister vowed to do "whatever it takes" to right the economy.

Cyprus bank workers to strike over pension fears
New Cyprus Finance Minister Haris Georgiades. Photo courtesy of politis.com.cy
New Cyprus finance minister to be sworn in

Cyprus's new finance minister was due to be sworn in Wednesday following his predecessor's resignation hours after a probe was launched into how the island was pushed to the verge of bankruptcy.

New Cyprus finance minister to be sworn in
Cypriot solidarity concert as financial crisis bites
Cypriot solidarity concert as financial crisis bites

Tens of thousands of people on Monday attended a charity concert in the Cypriot capital Nicosia to raise funds and collect food for people suffering the fallout of a severe financial crisis.

Cypriot solidarity concert as financial crisis bites
Forex markets calm as Easter weekend starts
Forex markets calm as Easter weekend starts

Foreign exchange rates were calm Friday as financial markets in Europe, the United States and elsewhere were closed for Easter weekend.

Forex markets calm as Easter weekend starts
Cyprus will not quit the euro, vows president
Cyprus will not quit the euro, vows president

President Nicos Anastasiades vowed on Friday to keep Cyprus in the euro but had harsh words for international lenders behind the huge bailout that saved the island from bankruptcy.

Cyprus will not quit the euro, vows president
Draconian controls as Cyprus banks set to reopen
Draconian controls as Cyprus banks set to reopen

Cypriots will finally get access to their bank accounts later on Thursday after a nearly two-week lockdown, but under tight restrictions unprecedented in the eurozone.

Draconian controls as Cyprus banks set to reopen