Latest articles from Cyprus

Cyprus looks to lessen Greek exposure

Cyprus looks to break from Greek contagion

April 2, 2012

The exposure of Cypriot banks to the Greek economy has prompted rating downgrades for the country. But with some of the island's banks boasting high liquidity and interest from foreign investors, the long-term prospects look brighter.

Anticipating acceptance

December 1, 2007

Despite international embargoes that restrict their operations, Northern Cyprus banks are making preparations in the hope that eventually they will be included in the EU. Nick Kochan reports.

The Cyprus dimension

November 5, 2007

Thierry Gigant, managing director at BNP Paribas in Cyprus, tells The Banker what Cyprus has to offer financial institutions and how regulations, EU accession and joining the euro affect business.

Bullseyes and targets in sight

November 5, 2007

Michael Sarris, Cyprus’s minister of finance, outlines the ambitious plans his ministry has for the country’s future and emphasises Cyprus’s regulatory alignment with the EU.

In the bidding labyrinth

March 5, 2007

Are the Bank of Cyprus’s days numbered? Nick Kochan reports on the rival predators’ struggle for the bank, and the opposing forces of regulators and nationalists.

Cyprus benefits from safe-haven reputation

October 2, 2006

Location has always proved crucial to Cyprus’s prosperity, and the recent crisis in Lebanon highlighted its role as a safe place to do business for banks, corporates and private investors. Nick Kochan reports.

Positive outlook for growth

June 5, 2006

The Republic of Cyprus has an optimistic economic growth story in shipping, services and tourism but faces a tighter labour market and political stalemate. 

The power of attraction

June 5, 2006

EU accession has led to foreign direct investment flowing into Cyprus more freely as companies take advantage of its favourable tax rates and strategic location to do business in both Europe and the Middle East. Michael Marray reports.

Mission eurozone

June 5, 2006

Minister of finance Michalis Sarris insists economic indicators prove Cyprus is on track for euro adoption.

What the bankers say: Cyprus

January 2, 2006

The Banker invites CEOs from around the world to discuss the economic climate in their country and institution, and their hopes for the future

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