Cyprus says fully committed to implementing EU/IMF bailout

NICOSIA, Cyprus — Cyprus' deputy government spokesman says the Cabinet has ratified a preliminary agreement with U.S. firm Noble Energy and its Israeli partners Delek Drilling and Avner Oil Exploration on their participation in the development of ...

The European Commission said it had set up a support group for Cyprus, three months after the island secured a 10-billion-euro ($13 billion) EU-IMF bailout in exchange for breaking up its bloated banking sector. "For the government, there is no ...

Remember the Cyprus banking crisis in March when their cash-strapped government appropriated money from bank savings accounts? ''Thank goodness it can't happen here,'' we smugly told ourselves. But it can, and it has. Last December, the federal ...

Cyprus looks unlikely to get any change to its 10bn bailout terms, as senior eurozone officials reportedly poured cold water on an angry letter from Cypriot President Nicos Anastasiades complaining about the conditions. Two anonymous senior ...

* Israeli interest in project * Cyprus gas reserves could be as high as 1 trillion cubic metres * Also hopes to find oil By Henning Gloystein LONDON, June 19 (Reuters) - Cyprus and Israel`s Delek Drilling are in talks about developing a ...

Cyprus President Nicos Anastasiades sent a letter to the IMF, EU and ECB asking for changes to the country's 10bn bailout deal (Reuters) Cyprus looks unlikely to get any change to its 10bn bailout terms, as senior eurozone officials reportedly ...

Formula 1 team Marussia has handed Tio Ellinas of Cyprus his first Formula 1 test. The Marussia young driver programme member Ellinas will conduct a scheduled straight-line aerodynamic evaluation with the team at United Kingdom's Kemble Airfield ...

Budget, Economy, Finance, Greece, Russia Russians have transferred over $30 billion (around $1 trillion roubles) to Cyprus over the past twenty years, according to a study published by a group of economists from Russia, Finland and Canada. The ...

NEW YORK, June 17,2013 /PRNewswire/ --There are a myriad of islands in the Mediterranean, but only one does Aphrodite, the ancient Greek goddess of love call home, and that's Cyprus. At 3,572 square miles, Cyprus is the third largest island in the ...