Cyprus News

Nicosia - Cypriot Chrystalla Georghadji became the eurozone's only woman central bank chief Thursday, facing the daunting task of guiding her country's banks out of a crisis that nearly sank the economy last year.

Nicosia - The boss of a Bitcoin company in Cyprus has fled abroad days after it suddenly stopped operations, in a blow to the virtual currency's once vaunted prospects on the island.

Nicosia - Cyprus on Friday abolished restrictions on cash withdrawals imposed a year ago to avoid a run on the banks during bailout negotiations in 2013.

Nicosia - Cyprus on Friday abolished restrictions on cash withdrawals imposed a year ago to avoid a run on the banks during bailout negotiations in 2013.

Nicosia - Cyprus's recently appointed Defence Minister Tasos Mitsopoulos died Saturday, aged 48, after suffering a brain haemorrhage a day earlier, a hospital official said.Mitsopoulos's health "deteriorated further today and, despite the efforts made by doctors...

Paris - The Moody's ratings agency has raised its outlook for Cyprus to positive, while confirming the island's Caa3 credit rating.The agency said on Friday it was raising the outlook to positive from negative because of a stronger than expected fiscal and eco...

Nicosia - Amnesty International on Tuesday condemned what it termed the "shameful" treatment of migrants and asylum-seekers in Cyprus, saying they were being detained in prison-like conditions for extended periods awaiting deportation.Refugees from the conflict ...

Nicosia - Cyprus President Nicos Anastasiades on Wednesday announced a mini-reshuffle of his cabinet after a walkout by his coalition partner over resumed reunification talks with the Turkish Cypriots.He brought three new faces into cabinet but retained the serv...

Nicosia - Cyprus's recession-hit economy contracted by 0.8 percent in the fourth quarter of 2013, a slight improvement on the 0.9 percent drop in the previous three months, revised official data showed Tuesday.A flash estimate issued last month had the economy d...

Nicosia - Cyprus on Tuesday appointed a tough campaigner against government waste and corruption as new central bank governor after current chief Panicos Demetriades unexpectedly quit.Auditor general Chrystalla Georghadji has been appointed as new head of the B...