Highlights
A collection of news and information related to Cyprus published by this site and its partners.
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World shares slump on U.S. stimulus, growth fears
ReutersLONDON (Reuters) - World stocks fell and measures of investor risk aversion surged on Thursday on signs the U.S. central bank may soon start scaling back the support measures that have been driving global assets higher. Unexpected weakness in China's...Tags: Earnings Forecasts, General Electric Company, Music, Charles Evans, Foreign Exchange Market
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Russian banker has his eye on Europe
Reuters* Igor Kim has bought up Russian units of foreign banks * Expobank is already present in Latvia * Now focused on corporate lending but is open to new ideas By Katya Golubkova and Oksana Kobzeva MOSCOW, May 22 (Reuters) - Igor Kim snapped cast-off...Tags: Banking, Finance, Global Expansion, Economy, Business and Finance, Latvia
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Cyprus central bank sees 'substantial' risks to economy
ReutersNICOSIA (Reuters) - Cyprus faces substantial risks to its economic outlook and a forecast recession could be deeper than forecast, its central bank governor said in a prepared speech on Wednesday. The island state, which narrowly averted financial...Tags: Cypriot Banking Crisis (2013), Central Bank, Government Debt, Nicosia (Cyprus), Finance
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Swimming sites in Cyprus ranked cleanest in Europe
Reuters* Cypriot beaches, lakes and rivers all rated excellent * Belgium, UK and Netherlands have most non-compliant sites BRUSSELS, May 21 (Reuters) - Struggling Cyprus should be able to lure tourist revenue with pristine bathing waters, ranked the European...Tags: United Kingdom, Beaches, International Organizations, Politics, European Union
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EU draft bank rescue law would not shield big deposits
ReutersSTRASBOURG, France (Reuters) - A draft law that a group of European Union lawmakers voted for on Monday would shield small depositors from losing their savings in future bank rescues, but customers with more than 100,000 euros in savings when a bank...Tags: Laws, Crime, Law and Justice, European Union, France, Bonds
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Independent Scotland open to Cyprus-style bank risks, says Britain
ReutersLONDON (Reuters) - An independent Scotland would have a vastly oversized financial sector that would leave it vulnerable to a Cyprus-style banking crisis, Britain's finance ministry says. Before a referendum due in September 2014 on whether Scotland...Tags: Economic Indicator, Scotland, European Union, David Cameron, National Government
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Risks for Cyprus are 'unusually high', adoption of austerity plan imperative: IMF
ReutersNICOSIA (Reuters) - The IMF said on Friday that risks for Cyprus were "unusually high" given its weak banking sector and economy and the island's full adoption of an economic austerity plan was imperative. The island's 17.5 billion euro economy faced...Tags: Cypriot Banking Crisis (2013), International Organizations, Finance, Politics, European Union
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Turkey's Erdogan says sees opportunity for Cyprus deal
ReutersWASHINGTON, May 16 (Reuters) - Turkish Prime Minister Tayyip Erdogan said on Thursday he saw a good opportunity for progress towards ending the division of Cyprus, a move that could further the exploitation of natural gas and oil in the eastern...Tags: Cypriot Banking Crisis (2013), Barack Obama, Nicos Anastasiades, European Union, Energy Resources
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REFILE-Bank documents portray Cyprus as Russia's favourite haven
ReutersBy Stephen Grey, Michele Kambas and Douglas Busvine NICOSIA, May 15 (Reuters) - When the Cyprus bank run began earlier this year, Russians set much of the pace. Documents seen by Reuters show that as the Mediterranean island headed towards financial...Tags: United Capital Corp., Russia, Moscow (Russia), United Kingdom, Banking
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Turkey's Erdogan to push Obama on Syria after bombings
Reuters* U.S. seeks Turkish support with Syria peace conference * Erdogan, Obama to discuss evidence of chemical weapons use * Israel relations, Iraq energy also on agenda By Nick Tattersall WASHINGTON, May 14 (Reuters) - Turkey's prime minister will push U....Tags: Ankara (Turkey), Barack Obama, Israel, Rebellions, Biological and Chemical Weapons
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Manufacturing, construction sectors show more optimism
Arab News, Jeddah, Saudi ArabiaBusiness enterprises in the Kingdom continuing hiring under the national plan will have to overcome the headwinds facing the global economy to reach a sustainable path, a top Saudi economist said yesterday. Said Al-Shaikh, NCB senior vice president...Tags: Philosophy, Labor Legislation, Quarterly or Semiannual Financial Statements, Jeddah (Saudi Arabia), Career and Workplace
May 23, 2013
|Story| Reuters
May 21, 2013
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May 22, 2013
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May 21, 2013
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May 20, 2013
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May 19, 2013
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May 17, 2013
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May 16, 2013
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May 16, 2013
|Story| Reuters
May 16, 2013
|Story| Reuters
May 14, 2013
|Story| Reuters
May 15, 2013
|Story| McClatchy-Tribune
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