Last night the president of Cyprus announced to the people of Cyprus the proceedings of the latest Eurogroup meeting. The meeting in Brussels tackled a difficult mission which according to him had only one target. To save Cyprus through the stabilization and reconstruction of the banking sector. Mr Anstasiades stated that the negotiations was indeed very harsh and there were some […]
After the painful Eurogroup decistion, Cyprus celebrated yesterday, Greece’s independence day with the annual student parade.
After several hours the president of the republic of Cyprus Mr Nicos Anastasiades close a deal with the Euroroup in Brussels around 3:00am this morning. The president announced that Cyprus got a deal that is beneficial for the Cypriot people. The deal is concentrated on the following: Restructuring of Bank of Cyprus and a haircut […]
Protesters have blocked the traffic lights crossing between Spyrou Kyprianou and Nikis Avenue at the center of Nicosia. They are trying to gather as much people as possible from the nearby cafe’s and take the demonstration outside the presidential palace. They are holding banners and shouting slogans such as ‘Wake up Cypriots – They are […]
The Cyprus parliament is gathering to vote for a new legislation this afternoon which aims to provide means of control to prevent the bank run when the Cyprus banks open on Tuesday here are the main points Cash withdrawal limits Restriction to the breaking of fixed deposits Compulsory renewal of expired term (fixed) deposits Restriction […]
The official website of the Cyprus EU Council Presidency was launched earlier today.
Happy Summer to everyone in Cyprus and all who are visiting our paradise island this season. [Photos]
