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

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

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.

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

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

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

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

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.

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.

Athens to sign cooperation memorandum, search for hydrocarbon quantities in the Aegean too.