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Zoek nieuws:Sla Cyprus op in uw uitdrukkingenlijst

Cyprus looks for buyers for bank in US laundering probe
Cyprus was looking for buyers to take over branches on the island of Tanzania-based bank FBME, which faces a US money-laundering probe, after placing the operation under adminstration. The move by the Cyprus central bank late on Monday came in the face of historical allegations by key European Union partners that the island's once-bloated banking sector had been engaged in laundering money for ...
Tue, 22 Jul 2014 13:20:31 -0700

Ryanair boss says company may show interest in Cyprus Air
Ryanair will probably submit an expression of interest in troubled Cyprus Airways which is up for sale, Chief Executive Michael O'Leary said on Tuesday. The Cypriot government in mid-July invited non-binding expressions of interest in its shares or assets in Cyprus Airways, a state-controlled airline which has posted heavy losses for years. The deadline for submissions is July 23, and requires a ...
Tue, 22 Jul 2014 02:49:18 -0700

Cyprus says places FBME bank branch under administration
Cyprus on Monday said it had placed the local branch of Tanzania-based bank FBME under administration, after concerns previously expressed by the United States that it was a conduit for money laundering. The purpose of the resolution injunction was to sell branch assets for the protection of depositors, the Cypriot central bank said in a statement. FBME has two branches in Cyprus. On July 18 ...
Mon, 21 Jul 2014 14:59:18 -0700

Cyprus divided, 40 years on
Cyprus marks 40 years since the Turkish invasion and division of the island. What hope is there of unity today?
Sun, 20 Jul 2014 02:42:59 -0700

Cyprus takes control of 'money laundering' bank
The Cyprus Central Bank said on Friday it had taken control of the local operation of FBME bank after Washington accused it of being a prime money laundering facility. The US Treasury’s Financial Crimes Enforcement Network (FinCEN) this week named Tanzanian-based FBME Bank Ltd., which has offices in Cyprus, as a "foreign financial institution of primary money laundering concern". “The Central ...
Fri, 18 Jul 2014 14:44:29 -0700

Cyprus: A nation divided, 40 years on
NICOSIA, Cyprus – Sirens wailed in Greek Cypriot towns and villages Sunday, July 20, as Cyprus marked the 40th anniversary of Turkey's invasion still a divided island despite countless UN-brokered peace initiatives. In the breakaway north, Turkey's President Abdullah Gul joined Turkish Cypriot celebrations of the 1974 "peace operation" when ...
Sun, 20 Jul 2014 06:26:12 -0700

Protesters denounce Israel at embassy in Cyprus
NICOSIA, Cyprus (AP) — Several hundred pro-Palestinian protesters have demanded a halt to military action in Gaza during a peaceful protest near the Israeli embassy in the Cypriot capital.
Mon, 21 Jul 2014 11:18:58 -0700

Russian ties, trade lie behind EU sanctions rift
* Germany makes up third of EU exports to Russia, worth 36 bln * British Virgin Islands, Cyprus benefit from Russia money flows BRUSSELS, July 23 (Reuters) - Germany and Italy have most to lose if the European Union makes good on its threat to impose harsher sanctions on Moscow, while Britain's overseas territories are soaking up the lion's share of capital streaming out of Russia.
Wed, 23 Jul 2014 07:05:01 -0700

Cyprus after 40 years of division
Turkey would benefit from a positive resolution of the situation in Cyprus.
Sun, 20 Jul 2014 02:45:45 -0700

Troika begins fifth review of bailed-out Cyprus economy
A delegation from the troika of international lenders Tuesday began its fifth assessment of Cyprus's economy and troubled banking system, focusing on the threat of bad loans. Some 45 percent of all loans at Cypriot banks are classified as non-performing -- 27.1 billion euros from total lending of 60 billion euros, according to Cyprus Central Bank figures. The International Monetary Fund said ...
Tue, 15 Jul 2014 03:12:25 -0700



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