Search Results for: Laiki
Cyprus pulls back from abyss after traumatic bailout
March 16th, 2015
Two years after its failing banks nearly pushed cash-strapped Cyprus over the edge, sending shockwaves through the eurozone, the country has pulled back from the abyss, saved by painful austerity and a multi-billion euro rescue package. Indeed, Finance Minister ...
Before a Bailout, E.C.B. minutes showed doubts over keeping a Cyprus Bank afloat
October 20th, 2014
As the Cypriot economy reeled from the collapse of its second-largest bank in 2013, the European Central Bank faced a thorny question: Should it keep the institution, Cyprus Popular Bank, alive with short-term loans or pull the plug? By ...
Cypriot firm launches legal action against EU over ‘bail-in’
July 23rd, 2014
Cypriot firm Dr K Chrysostomides & Co has filed a lawsuit against the EU on behalf of 51 claimants seeking compensation for losses suffered when Cyprus agreed to a ‘bail-in’ on two Cypriot banks. The case, filed before the ...
All you need to Know about CySec’s Exams 2014 – Analysis by GP GLOBAL LTD
June 3rd, 2014
All you need to Know about CySec’s Exams 2014 – Analysis by GP GLOBAL LTD When will the Cyprus Securities and Exchange Commission (CySEC) Exams 2014 take place? According to a recent press release issued by the Commission, the certification exams ...
CySec: ICF to the members-Bail in of the Fund
March 27th, 2014
The Administrative Committee of the Investor Compensation Fund of Clients of CIFs,hereinafter “the Fund” announces that at its meeting on March 7, 2014 and after taking into consideration a relevant legal opinion on the matter, has decided upon the ...
Harris Georgiades, Minister of Finance
March 12th, 2014
Cyprus is striving to get back to business as usual after securing a financial bailout package, what are the immediate priorities of the Ministry of Finance? After the recent Eurogroup decisions on financial assistance, Cyprus aims to restore confidence ...
