Cyprus News | South Cyprus is Having Money Problems

Cyprus News | South Cyprus is Having Money Problems

UK regulators have cracked down on Cypriot banks because of fears of further exposure to euro zone problems. The regulators are pushing two of Cyprus’s top banks to alter the legal structure of their UK based business to make them subject to greater oversight. Bank […]

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Cyprus News | RoC Bailout Not Available Until Next Year

Oh dear, it looks as if the RoC have prevaricated too often and too long. If the German Finance Minister is correct, the money they need will not be available to them until 2013. Whilst that may be just around the corner, can they survive that long? Mr Christofias promised to put the RoC […]

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Christofias Troika Counter-Proposals ‘Laughable’

Oh dear, here we go again. North Cyprus may have problems but in the south the Unions are not happy with the Trioka plans and the Government are not happy. Well what did they expect? That this member of the EU do not find the proposals to their liking surprises no-one. Take it or […]

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