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Cyprus

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Cyprus expects swift bailout as S&P cuts deeper to junk

Cyprus said on Wednesday it expected talks to start with lenders on badly needed aid next week.

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Evros crossings down radically

The number of people crossing illegally into Greece via the Evros border has dropped by 84 per cent since the govt launched a crackdown on migrants this summer

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Nicosia seeks to avoid crippling austerity measures

Cyprus, the fifth country in the euro area to seek external aid, wants to avert austerity measures that would hinder growth as it negotiates a bailout with international lenders

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Russia awaits Cypriots for loan talks

Russia is planning “within weeks” to host a delegation from Cyprus and hold talks on its request for a second bailout loan.

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Cypriot president defends double bailout

Cyprus’s president defended his government’s decision to seek financial aid from the island nation’s eurozone partners while at the same time asking for a loan from Russia.

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No discussion yet on Cyprus bailout amount

Cyprus has not specified a figure for a possible bailout it requested from euro-area countries on Monday, the country’s finance minister said.

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Cypriot fears over Greece’s possible return to drachma

Eurozone banknotes might soon have the Greek word for “euro” exclusively thanks to Cyprus’s membership in the Economic and Monetary Union if fears of a Greek exit from the common c

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Turkey: Israel violated north Cyprus airspace

Turkey’s military says two of its warplanes chased an Israeli aircraft that allegedly violated the airspace of the breakaway Turkish Cypriot state, where Turkey is exploring for oi

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No bail out for Cyprus, says president

Cyprus will not need to request European Union bailout funds, President Dimitris Christofias said in Vienna on Monday.

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Cypriot president says he will not seek re-election

Cypriot President Dimitris Christofias said that he would not seek re-election next year, citing the deadlock in United Nations-mediated talks to reunify the divided island.

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