President Nicos Anastasiades of Cyprus said his Country has no intention of leaving the European Single Currency. He said the strongest financial situation in Cyprus has...
Cyprus reversed course and decided to keep its banks shut as world markets took fright at the implications for the eurozone of the island’s 10-billion-euro bailout...
The euro rallied in Asian trade on Monday after eurozone finance ministers agreed on a 10-billion-euro bailout for Cyprus as the island nation faced a looming...
The head of the powerful Orthodox Church in Cyprus said in an interview published on Saturday that he favoured the debt-ridden island nation leaving the euro....
Had the disastrous decision been implemented, the world would have been faced with yet another financial crisis. Regardless of the disappointment by the world governing bodies...