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Thousands withdrew money from Cyprus before haircut, says report

Six thousand individuals and legal entities withdrew tens of millions of euros in cash from Cypriot banks and sent it abroad in the period from March 1-15, just days before Cyprus clinched a deal with...

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2nd Chance to watch last night’s BBC Cypriot wedding

A very British wedding episode 4 last night at 23.20pm on BBC 2 which followed a Greek Orthodox wedding conducted in London.  This  followed the couple through their planning and then the actual day....

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US support for a bi-zonal, bi-communal federation in Cyprus

The US is clear on its support of efforts to reunify the island as a bi-zonal, bi-communal federation, the US State Department has said. Acting Deputy Spokesperson Patrick Ventrell said that the State...

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Cyprus Central Bank suspends bounced cheques blacklisting

The Central Bank of Cyprus has decided to temporary suspend the blacklisting of issuers of bounced cheques due to the extraordinary situation prevailing in Cyprus’ banking sector following the bailout...

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Cyprus Can Save Itself by Fleeing the Euro

Cypriots sitting in the cafes here on Nicosia’s Ledra Street are asking one another if there isn’t an alternative to their island’s bailout. It has been just weeks since the series of rollercoaster...

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Akrotiri:Woman arrested in connection with suspected murder

Akrotiri SBA police have arrested a young woman in connection with the suspected murder of 35-year-old Loukas Constantinou, from Kolossi village, within the SBA area. The woman, aged 28, is expected...

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Cyprus Losses Spur EU to Bolster Depositor Protection

The European Parliament will seek greater protection for depositors of crisis-hit banks in the wake of the Cyprus bailout as it weighs changes to proposals aimed at taking taxpayers off the hook for...

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AEK new coach appointed

Former AEK Athens defender Traianos Dellas has been appointed as the club’s new coach until the end of the season, the Greek Super League team said late on Tuesday. The 37-year-old, a Euro 2004 winner...

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Police car crashes into Crouch End shop

A police car has crashed into a flower shop in Crouch End along with a second car just 100metres from the scene of another crash involving police six days earlier. The police BMW X5 and a dark Audi...

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Athina Onassis Sells Skorpios Island to Russian Billionaire

Athina Onassis has agreed to sell Skorpios to a Russian Billionaire, according to Greek media reports. The private island was bought from her grandfather, legendary tycoon Aristotle Onassis, in the...

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11th April 2013

11th April 2013

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G. Mouskas: Shipping and tourism can spur growth in Cyprus

Shipping, along with tourism, are the two sectors where one can currently see growth potential in Cyprus after the severe blow to the island’s financial sector, according to the president of the Cyprus...

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Cyprus Sells Gold to Help Fund Bailout

On Wednesday, gold (NYSEARCA:GLD) futures for June delivery, the most active contract, dropped $27.90 to close at $1,558.80 per ounce, while silver (NYSEARCA:SLV) futures for May fell 23 cents to...

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Sir Paul McCartney tops musicians’ rich list

Former Beatle Sir Paul McCartney has topped the Sunday Times Rich List of musicians with the £680m fortune he shares with his wife, Nancy Shevell. Sir Paul, whose American heiress wife is said to be...

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Peter Andre Foundation to raise funds for Cancer Research UK

Peter Andre has launched a new foundation to help raise funds for Cancer Research UK. Fans of the ‘Mysterious Girl’ singer know he was left devastated when his beloved brother Andrew lost his battle...

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Gold sales concern Cyprus Central Bank

The Central Bank of Cyprus has made it clear that any sale of its gold reserves concerns the Bank and nobody else. “The sale of gold held by the Central Bank is a matter that concerns exclusively the...

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Louvre Museum shuts as guards protest against pickpockets

Tourists caught no glimpse of the Mona Lisa, Winged Victory or Venus de Milo on Wednesday due to a one-day closure of the Louvre, as guards protested that pickpockets were rampant at the world’s most...

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Deposits flew into Greek banks during Cypriot crisis

Greek bank deposits rose by more than 1.5 billion euros in March despite fears Cyprus’s banking crisis would trigger deposit outflows in other indebted euro zone economies, Greece’s central bank chief...

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Limassol: Wife is freed

The wife of the Ladies Mile murder victim has been released from custody after nothing incriminating was found against her. The 28-year-old woman was arrested Wednesday. Police told a court at the...

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Turkish Cypriot leader invites President Anastasiades to dinner

The government confirmed today that President Nicos Anastasiades has been invited to dinner by the Turkish Cypriot leader Dervis Eroglu, in an effort to reignite the stalled process for a comprehensive...

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