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Cyprus

  • CYPRUS

    Cyprus looks to its past for economic reboot

    As it grapples with the prospect of years of economic pain, Cyprus will try to draw strength from its not-so-distant experience of invasion — and the ... 

  • Cypriots anxious as banks reopen with limits

    Anxious Cypriots patiently waited in long lines to get at their accounts on Thursday after banks opened for the first time in nearly two weeks, ... 

  • Cyprus court sentences Hezbollah man to 4 years

    A Cyprus court has sentenced an admitted Hezbollah member to four years in prison after he was convicted of helping plan attacks against Israelis on ... 

  • Cyprus president cuts own salary by a quarter

    Cyprus' president has cut his salary by a quarter in a show of solidarity with ordinary Cypriots feeling the effects of the country's severe financial ... 

  • Cyprus: cash withdrawals capped at 300 euros

    Banks in Cyprus are to open for the first time in more than a week on Thursday, operating for six hours from noon (10:00 GMT), but restrictions will ... 

  • Dervis Eroglu

    Turkish Cypriots: Crisis could delay settlement

    Cyprus' financial woes may further delay prospects for a settlement to the island's nearly 40-year ethnic division, the leader of the breakaway ... 

  • ECB, Eurogroup at odds over Cyprus rescue as model

    Europe's leading institutions clashed in a rare sign of public discord Tuesday over what shape future financial rescues will take following the ... 

  • Cyprus businesses hurt as banks stay shut

    Cypriot businesses were under increasing strain to keep running on Tuesday after financial authorities stretched the country's bank closure into a ... 

  • Piraeus to pay $678 million for Cypriot bank units

    Greece's Piraeus Bank reached an agreement Tuesday to buy the Greek operations of three Cypriot banks for 524 million euros ($678 million), as stock ... 

  • Cyprus' banks to remain closed until Thursday

    Cyprus ordered banks to remain closed for two more days over fears of a run by customers trying to get their money out, after striking a pre-dawn ... 

  • Jeroen Dijsselbloem

    Top EU official: Cyprus bank rescue new template

    Inflicting losses on banks' shareholders, bondholders and even large depositors should become the 17-country eurozone's default approach for dealing ... 

  • Christine Lagarde, Pierre Moscovici, Wolfgang Schaueble, Maria Fekter

    Trouble from Cyprus deal could linger for eurozone

    European leaders may have saved Cyprus from imminent financial collapse when they clinched a last-minute deal in the early hours of Monday morning. 

  • Christine Lagarde, Jeroen Dijsselbloem, Olli Rehn

    A look at the eurozone's 5 bailouts

    Cyprus' bailout deal is the fifth agreed on so far in the 17-strong group of European Union countries that use the euro since the debt crisis began ... 

  • Cyprus secures bailout, avoids bankruptcy

    Cyprus secured a 10 billion euro ($13 billion) package of rescue loans in tense, last-ditch negotiations early Monday, saving the country from a ... 

  • Assailants try to set fire to Cyprus bank branch

    Cyprus' state-run news agency says a powerful firecracker went off inside a branch of the country's largest lender, the Bank of Cyprus. The Cyprus ... 

  • Cyprus imposes 100 euro limit on ATMs of 2 banks

    Cyprus' central bank has imposed a daily withdrawal limit of 100 euros ($130) from ATMs of the country's two largest lenders, Bank of Cyprus and ... 

  • Cyprus talks to continue; no deal yet

    Cyprus officials and international representatives ended torturous negotiation in the early hours of Sunday with no agreement on a plan to raise money ... 

  • Konstantinos Mkrides,  Vlon Bhrami

    Switzerland draws 0-0 at Cyprus in WCup qualifier

    Switzerland wasted a series of chances in a 0-0 draw with Cyprus in a World Cup qualifying match on Saturday, though stretched its lead atop the group 

  • What happens if Cyprus collapses?

    What happens if Cyprus' banks collapse? If its government goes broke? If it leaves the euro? The European Union, the International Monetary Fund, the ... 

  • Cyprus lawmakers approve key bills for bailout

    Lawmakers in Cyprus approved three key bills Friday that aim to raise enough money to qualify the country for a broader bailout package and help it ... 

  • Greek bank to buy local units of Cypriot lenders

    Greece's Piraeus Bank was chosen Friday to buy two Cypriot banks' operations in Greece, part of the Mediterranean island's plan to avoid bankruptcy ... 

  • Nicos Anastasiades

    Key players in Cyprus' financial drama

    The government of Cyprus is trying frantically to come up with a Plan B to avoid the country's financial collapse and possible exit from the euro ... 

  • Bank closure leaves Cyprus businesses high and dry

    At Jenny Dobreva's a convenience store, a customer comes up to get a lighter. She apologetically turns him away. It's not because he doesn't have ... 

  • Angela Merkel

    Crisis in Cyprus threatens EU role and legitimacy

    By rejecting an EU bailout and turning to Russia for help, Cyprus has exposed the growing frustration and dwindling solidarity within the European ... 

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Cyprus news and stories
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