Reuters
20 Apr 2013
WASHINGTON, April 20 (Reuters) - Russia wants to play a bigger part in talks over solving Cyprus' financial problems but will only restructure its loan to the island if its interests there, especially those related to VTB Bank, are protected, Moscow's finance minister said. Russian banks and companies have poured money into Cyprus since the 1990s, taking advantage of the island's low taxes and relaxed business regulations....(size: 2.3Kb)
Voa News
20 Apr 2013
Russia wants to play a bigger part in talks over solving Cyprus' financial problems but will only restructure its loan to the island if its interests there, especially those related to VTB Bank, are protected, Moscow's finance minister said. Russian banks and companies have poured money into Cyprus since the 1990s, taking advantage of the island's low taxes and relaxed business regulations....(size: 2.4Kb)
The Irish Times
20 Apr 2013
‘The current blip in the price of gold is just that, a blip” according to Dublin auctioneer John Weldon, who believes it will rise again in the coming weeks ...Cyprus frightened a lot of Irish people” said Mr Weldon, and he has had “many calls from people who still have cash but are worried” about what would happen if Irish banks ever had to impose the kind of haircuts imposed on depositors in the Cypriot banks ... Is nothing safe? ... ....(size: 2.2Kb)
photo: Creative Commons / Giorgis 2011
Faneromeni School is the oldest all-girl primary school in Cyprus. Cyprus has a highly developed system of primary and secondary education offering both public and private education.
CNN
20 Apr 2013
Cyprus may license casinos to help reduce debt. (Financial Times) -- Cyprus has unveiled plans to sell casino licences and build a natural gas storage facility in a bid to kick-start a recovery following a banking collapse and a €23.5bn bailout by international lenders ... A study on building casinos, banned until now by the influential Orthodox church of Cyprus, will be completed by next month....(size: 8.5Kb)
Hartford Courant
19 Apr 2013
Patsalides took part in the recent negotiations between Cyprus and the and International Monetary Fund....(size: 0.5Kb)
Seattle Post
19 Apr 2013
NICOSIA, Cyprus (AP) — Cyprus' president says the bailed-out country will open casinos and bolster its tourism sector to get the economy going again....(size: 0.8Kb)
Palm Beach Post
19 Apr 2013
Cyprus' president says the bailed-out country will open casinos and bolster its tourism sector to get the economy going again ... He said Cyprus would ......(size: 0.7Kb)
Fox News
19 Apr 2013
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France24
19 Apr 2013
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Xinhua
19 Apr 2013
dollars) aid package for Cyprus on Thursday with an overwhelming majority ... Finance Minister Wolfgang Schaeuble opened the session in the Bundestag, telling lawmakers that it was right for Europe to bail out Cyprus, as the Cypriot government would have defaulted on its loans without help, posing a "significant risk" of contagion through the eurozone and beyond....(size: 1.7Kb)
Kathimerini
19 Apr 2013
One of Cyprus's most senior civil servants has likened his country's treatment by Germany and the IMF to the shooting of a pigeon with an atomic bomb, saying they had destroyed an economic system that worked. Christos Patsalides, permanent secretary of Cyprus's Ministry of Finance, also described the international lenders as «forces of occupation» that cared nothing for human rights....(size: 1.9Kb)
The Irish Times
19 Apr 2013
“They are on a good path, Ireland is about to return to capital markets.” ... ... Critical tone. Both Cyprus assistance and maturity extensions comfortably passed the Bundestag, but the tone of the debate was more critical than in the past ... SPD Bundestag leader Frank Walter Steinmeier said it was time to shatter the taboo of “dumping” tax rates in Cyprus and other euro crisis countries ... “That has to end – in Cyprus and the rest of Europe.”....(size: 2.2Kb)
Novosti
19 Apr 2013
MINSK, April 19 (RIA Novosti) – Sanctions imposed by the European Union on Belarus over its human rights record saved Belarusian businessmen from taking a Cyprus deposit "haircut," President Alexander Lukashenko said on Friday ... So, they [Belarusian businesses} had to take their money from Cyprus and other [British] Virgin Islands [offshore zones],” Lukashenko said in his annual state of the nation address....(size: 2.6Kb)