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Private-sector deposits in Cypriot banks fall in June: ECB

Last Updated: Thursday, July 25, 2013, 19:35

Consumers and companies withdrew deposits from banks in Cyprus in June, where big account holders in the two largest lenders were forced to take a hit as part of an international bailout.

Marussia gives Ellinas first F1 test

Last Updated: Monday, June 17, 2013, 19:32

Formula 1 team Marussia has handed Tio Ellinas of Cyprus his first Formula 1 test.

Euro group releases first bailout installment for Cyprus

Last Updated: Tuesday, May 14, 2013, 14:36

The euro group has signed off the first installment of the USD 13 billion financial bailout package for debt-stricken Cyprus while allocating fresh disbursements for Greece and Portugal.

Iran recalls its ambassador in Cyprus

Last Updated: Saturday, May 11, 2013, 08:40

Iran has responded by Cyprus` decision to extradite an Iranian to the United States for prosecution by recalling its ambassador in Nicosia, officials said.

EU, IMF not to give extra cash to Cyprus

Last Updated: Saturday, April 13, 2013, 12:17

The European Union and International Monetary Fund will not give Cyprus extra cash to help plug gaping holes in its finances over the next three years.

Eurozone approves Cyprus bailout terms

Last Updated: Friday, April 12, 2013, 20:52

Eurozone finance ministers formally approved Friday the terms of a Cyprus debt bailout, after some confusion over whether it needed revision, saying it could now go ahead once cleared by national parliaments.

Eurozone finance ministers to discuss Cyprus bailout issue

Last Updated: Friday, April 12, 2013, 10:50

Ministers are also set to debate the chaotic bailout of Cyprus.

Russia to restructure Cyprus loan: Putin

Last Updated: Tuesday, April 9, 2013, 14:32

"This is our real contribution to resolving the Cyprus problem," Putin said, without detailing about the debt restructuring.

ECB chief Draghi says first Cyprus plan 'not smart'

Last Updated: Friday, April 5, 2013, 11:09

Draghi said depositors with guarantees should be sacrosanct, but that it was best not to touch any depositors if possible.

Big depositors at Bank of Cyprus could lose up to 60%

Last Updated: Sunday, March 31, 2013, 17:59

The central bank says 37.5 percent of holdings over 100,000 euros will become shares.

Investors shun emerging market equity funds: EPFR

Last Updated: Sunday, March 31, 2013, 11:00

Fund flows largely reflected the uncertainty created by the latest crises -- Italy's inconclusive election and the Cyprus bank bailout -- to rattle the Eurozone.

Cyprus eases some restrictions on banks: Report

Last Updated: Saturday, March 30, 2013, 12:14

Debit and credit cards can be used normally for domestic payments following the ease on transaction.