May 01, 2013
Turkey invaded northern Cyprus in July 1974 after a short-lived coup in Nicosia that was engineered by the military junta then in power in Athens and aimed at uniting Cyprus with Greece. Read Article Cyprus in 1974: an island divided
May 01, 2013
Cypriots rekindle courage from Turkish invasion, saying they have endured far worse than the current economic slump, even as harrowing tales emerge daily of poverty and hunger. Michael Theodoulou reports from Nicosia Read Article Cypriots draw on spirit of '74 to see them through euro crisis
Apr 15, 2013
Most of the money being raised by Cyprus to qualify for the bailout is to come from a hit of as much as 60 per cent or more on deposits above €100,000 at the country's two largest banks. Read Article Cyprus passports offered to foreigners who lost at least €3 million in EU bailout
Apr 13, 2013
The dust is settling after the European Union's bailout of Cyprus, but bankers say a proposed levy on depositors has done lasting damage to investors' confidence in the euro-zone's banking sector. Read Article Back to basics after Cyprus
Apr 11, 2013
The cost of bailing out Cyprus has swollen to €23bn (Dh110bn), with the crisis-hit country having to take on the lion's share of the measures needed to avoid bankruptcy, according to a draft document by the country's international creditors. Read Article Cyprus forced to dig deeper as bailout cost swells to €23bn
Apr 08, 2013
Profile: Rafi Kadian, a trader with ADS Securities, reveals what to look out for in the coming month. Read Article Looking forward the best trade is long dollar versus the yen
Mar 31, 2013
Big savers in Cyprus's largest bank face losses of 60 per cent, far greater than originally feared under the island's controversial EU-led bailout plan. Read Article Cyprus savers face bigger than feared losses
Mar 29, 2013
In a Hollywood-style operation, armoured vehicles carrying billions of euro banknotes replenished banks on Wednesday night, with police cars escorting the cash convoy and a helicopter clattering overhead. Michael Theodoulou reports from Nicosia Read Article Feared run on Cyprus banks fails to materialise
Mar 29, 2013
Banks in Cyprus reopen for the first time since a 10 billion euro rescue package deal as worries linger about the health of the island's financial system.
Read Article Cyprus banks reopen but euro weakens
Mar 28, 2013
Guards will be deployed at banks to help police control queues as measures are put in place to stop money pouring out of the country. Michael Theodoulou reports from Nicosia Read Article Cyprus braces for a run on its banks