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Nicos Anastasiades News

Cyprus Parliament votes in favour of bailout deal

Nicosia - The Cyprus Parliament has narrowly voted in favour of accepting the terms of the international bailout deal. Critics claim Troika imposed austerity diktats will plunge the economy into deep recession and stagnate growth.

Cyprus parliament to vote on terms of bailout

Nicosia - The Cypriot parliament is due to vote next week on whether to accept the terms of the bailout. "The choice before Cyprus is clear, either accept the bailout or face bankruptcy" said DISY leader Averof Neophytou.

Russia: Cyprus deal is theft, Kremlin may freeze German assets

Russian Prime Minister Dmitry Medvedev has reacted to the Cypriot bailout deal by labelling it as theft. The Kremlin is considering freezing German assets in Russia in retaliation for Russian losses in Cyprus banks.

Cyprus bailout deal agreed with eurozone ministers

Brussels - A Cypriot exit from the euro was averted in the early hours of the morning when details of the bailout agreed between Cyprus and the troika were approved by the eurozone finance ministers.

Cyprus votes no to German blackmail, turns to Russia

Nicosia - Cyprus has voted no to the proposed bank deposit tax levy, labeling it as blackmail. As the small island nation defied Germany the Cypriot president was in talks with Russia's Vladimir Putin.

Op-Ed: Cypriots protest financial diktats from the Fourth Reich

Nicosia - Cypriot protestors tore down the German flag from atop the German Embassy in Nicosia on Monday evening, amid demonstrations against the depositors tax levy which Cypriots blame on Germany.

IMF, Eurogroup, blackmailed Cyprus over bailout terms

The president of Cyprus has revealed that the terms of the bailout were imposed as a form of blackmail. The IMF and Eurogroup had already decided their terms and presented Cyprus with a fait accompli.

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