Cyprus: arrest warrant issued for former Central Bank head
27 September, 14:39 (ANSAmed) - NICOSIA, SEPTEMBER 27 - An arrest warrant has been issued against a former Governor of the Central Bank of Cyprus who failed to show up…
Ex Cyprus president walks out on public enquiry
Friday, 23 August 2013 Former Cyprus president Demetris Christofias walked out of a public enquiry into the causes of the island's financial crisis Thursday, declining to answer questions before…
Bank of Cyprus cuts deposits over 100K-euro by 47.5%
29 July, 16:49 (ANSAmed) - NICOSIA, JULY 29 - The Cypriot government on Monday announced depositors at the country's biggest lender will lose 47.5% of their accounts over the 100,000-euro…
Turkey: protest spreads to Northern Cyprus
Students in Turkish-occupied sector rally against Erdogan 04 June, 17:22 (ANSAmed) - NICOSIA, JUNE 4 - The violent anti-government protests ongoing in several Turkish cities spread on Saturday…
INSIGHT-Why did Cypriot banks keep buying Greek bonds? ” Within minutes, 28,000 files were erased “
Source: Reuters - Tue, 30 Apr 2013 05:30 AM Author: Reuters By Michele Kambas, Stephen Grey and Stelios Orphanides NICOSIA, April 30 (Reuters) - One day last October, a memory…
Charities, insurers to be included in Cyprus bail-in: 27.5% of Savings will be taken violating previous arrangement
Mon, 22 Apr 2013 04:22 GMT Reuters NICOSIA, April 22 (Reuters) - Cypriot insurance companies and charity organisations will be affected by a bail-in on deposits in an attempt to…
Cyprus bail-out vote stirs fresh jitters as slump fears grow in Europe
Cyprus has stunned EU officials by ordering a vote in its parliament on the terms of the EU-IMF Troika bailout for the country, risking a rejection by angry lawmakers and…
EMU plot curdles as creditors seize Cyprus gold reserves
By Ambrose Evans-Pritchard Economics Last updated: April 11th, 2013 Cyprus has agreed to sell gold reserves to raise around €400m. (Photo: Alamy) First they purloin the savings and bank…
Eurozone faces new challenge as Portugal blocks cuts
The eurozone crisis threatens to flare up again this week after Portugal's constitutional court blocked the country's planned austerity programme. Portugal's Prime Minister Pedro Passos Coelho addresses the nation from…
‘Mass deletion of data’ on former Bank of Cyprus execs’ computers
By George PsyllidesPublished on April 5, 2013 DELETION of data allegedly took place on computers belonging to senior Bank of Cyprus (BoC) executives, according to the leaked findings of a…
Co-op rumour spreads panic : Cyprus
Co-op rumour spreads panic By Stefanos EvripidouPublished on April 6, 2013 THE GOVERNMENT, Central Bank and Cooperative Movement rushed to calm fears of a new raid on bank…
Cyrpus : Friday saw a run on the country’s cooperative banks – Trust in the system may not return
Cypriot presidency in calm call © Photo: Peter Nicou for the Voice of Russia The Cypriot authorities including the Central Bank and the presidency have called on the people to…
Cypriot president withdrew $21m days before Bank Seized Accounts : Treason
Monday, 01 April 2013 News that the Cypriot President’s family moved 21 million euros to London days before the bank accounts of his people were looted as part of the…
What Exactly Is Inside Cypriot Banks? / Almost all Money
[youtube http://www.youtube.com/watch?v=i9lwSyU4FLg] Published on Mar 27, 2013 March 27 (Bloomberg) -- On today's "Single Best Chart," Scarlet Fu looks at assets inside Cypriot banks. She speaks on Bloomberg Television's "Bloomberg…
Bitcoin transactions enter the real estate market
© Flickr.com/Ricky Leong/cc-by-nc-sa 3.0 So far, the world’s first independent and decentralized digital currency, Bitcoin, has been mostly used for small transactions. There are pundits who predict that Bitcoin will…
Savers in Cyprus’ largest bank face losing a far worse-than-expected 60pc of their deposits over €100,000 as part of a €10bn EU bail-out deal struck this week.
Cypriot authorities confirm raid on big depositors By Nick Squires, Denise Roland, and agencies 9:13PM GMT 29 Mar 2013 Under the arrangement, depositors in Bank of Cyprus will receive shares…
24th Bulletin: Exclusively the “hot” list of loan write-offs
Published on Wednesday, March 27, 2013 17: 50Written by 24 h. com. cy The first online news bulletin of the 24th bulletin revealed the list of politicians, their relatives and…
‘We did not have loans written off’ : Former President and MP’s on the List
By George Psyllides Published on March 30, 2013 THE government yesterday reaffirmed its intention to fully investigate the banking sector, as a list surfaced with names…
Cyprus banks wrote off millions of euros to politicians
List of names published by newspaper, sent to Parliament 29 March, 18:33 The Laiki bank (ANSAmed) - NICOSIA - A list of Cypriot companies and politicians that allegedly had…
‘Risk of a euro exit by Cyprus is substantial’ – Moody’s
Moody's Photo: EPA After a disastrous bailout of the Cypriot banking system, one of the world’s top rating agencies downgraded the sovereign rating of Cyprus. One of the concerns cited…
You must be logged in to post a comment.