Turkish Flag in Eleftherias square

A french man raised a turkish flag outside a Laiki bank (now Bank of Cyprus) branch at “Eleftherias square” in Nicosia today. The locals managed to disable him in their frustration and hand him over ...

Salary cuts for ministers

The Ministry council decided today to release the University, Local Authority (municipality) and Government deposits from the haircut! They also decided to decrease the ministers salaries by 20% including the 13th salary. The president Mr Nicos Anastasiades also authorized the government accountant to ...

Haircut on University research funds and public projects

The University of Cyprus has all its research funds, gifts, donations and scholarship funds deposited in Laiki and Cyprus banks (which are now merged to Bank of Cyprus). Information today says that the haircut will ...

Christopher Pissarides remarks on the Cyprus bailout

Nobel prize winner and member of the Cyprus Economic Council, Christopher Pissarides writes his remarks about the Cyprus bailout in an article in the Financial Times He explains that Cyprus does not have the same ...

Second memorandum or not?

Funny images inspired from the Cyprus bailout

The following images do not intent to portray any form of political belief or propaganda. They are just a humoristic approach to the resent events that put a cloud over the Cypriot people heads

Central Bank of Cyprus Governor accuses former president

Despite the fact that the previous government appointed him as the governor of the central bank Mr Panicos Demetriades is blames Demetris Christofias government for the current situation in the banking sector and the economy in general. ...