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Zoek nieuws:Sla Cyprus op in uw uitdrukkingenlijst

Erdogan insists on two-state solution on Cyprus visit
Turkish President Recep Tayyip Erdogan on Monday visited breakaway northern Cyprus and pressed for a two-state solution on the divided island, on his first trip abroad since his inauguration. Erdogan flew in on Turkey's new presidential plane, an Airbus delivered last week that has already been painted in the national colours and dubbed by the press as his "Air Force One". He held talks with ...
Mon, 01 Sep 2014 12:05:48 -0700

Deadline looms for Cyprus vote on crucial foreclosures bill
International lenders will withhold the next payment in Cyprus's 10 billion euros bailout unless parliament this week passes a crucial law speeding up foreclosures of non-performing bank loans (NPLs). Around 45 percent of loans by Cyprus banks are classed as non-performing because borrowers are seriously late with their payments, and under current laws it can take banks 20 years to regain the ...
Sun, 31 Aug 2014 03:01:50 -0700

Shareholders approve Bank of Cyprus 1 bn euro issue
Shareholders in Bank of Cyprus, the island's largest lender, Thursday approved a one-billion-euro ($1.34-billion) capital increase from private placement to help it survive following a haircut on deposits last year. BoC announced that 87 percent of shareholders present at an EGM (extraordinary general meeting) approved the capital issue, placing 4.16 billion new ordinary shares at a price per ...
Thu, 28 Aug 2014 10:58:08 -0700

Troubled Bank of Cyprus posts 50 mn euros Q2 profit
Troubled Bank of Cyprus, the island's largest lender, said Wednesday it made 50 million euros ($66 million) net profit in the second quarter, its second successive quarterly gain after seven straight losses.
Wed, 27 Aug 2014 12:51:19 -0700

Cyprus wants non-binding proposals for airline by Aug 29
Cyprus is seeking non-binding proposals to take over national carrier Cyprus Airways by Aug. 29, the island's transport minister said on Monday. The government wants a strategic investor to take over Cyprus Airways, a state-controlled airline which has been making losses for years. Ryanair, Europe's largest budget airline, and Greece's Aegean are among firms which submitted non-binding ...
Mon, 25 Aug 2014 06:01:01 -0700

Volokh Conspiracy: Cyprus & the ICC — international reactions
Cyprus is not excited, and Turkey not worried, about an ICC investigation into the latter's alleged war crimes on the island. However, the indifference of human rights groups and other actors is more puzzling.
Thu, 07 Aug 2014 23:25:17 -0700

Ryanair to make non-binding offer for Cyprus Airways
Ryanair has moved a step closer to making an offer to buy Cyprus Airways and may make a firm offer early next year if this is approved by the Cypriot government. The airline's decision follows a meeting between Ryanair Chief Executive Michael O'Leary last Friday with the Cypriot government, which owns more than 90 percent of Cyprus Airways. "Ryanair is planning to make a non-binding offer on ...
Wed, 27 Aug 2014 05:37:35 -0700

Ryanair Confirms Bid for Cyprus Airways as O'Leary Eyes Israeli Market
Ryanair is to bid for Cyprus Airways, the troubled island nation's national airline, as it seeks to reinforce its presence across the Mediterranean. The news was confirmed by Kenny Jacobs, the chief marketing officer for the budget Irish carrier, in an interview with BBC radio this morning. On Thursday 21 August, chief executive Michael O'Leary flew to Cyprus to hold discussions with its ...
Wed, 27 Aug 2014 02:08:24 -0700

Ryanair to Submit Bid for Cyprus Airways in Rare Foray Into M&A
Ryanair Holdings Plc (RYA) will submit a non-binding offer for Cyprus Airways on Friday as Europe ’s No. 1 discount carrier seeks to extend its footprint eastward to an island increasingly popular with Russian and Israeli visitors.
Wed, 27 Aug 2014 02:59:33 -0700

Erdogan makes first visit abroad as Turkish president
NICOSIA: Turkish President Recep Tayyip Erdogan on Monday visited the breakaway statelet of northern Cyprus, in his first trip abroad since his inauguration as head of state last week.
Mon, 01 Sep 2014 07:22:11 -0700


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