Sir Stelios and Easy Jet

Posted on March 31, 2013

Clearly, the airline is vastly different from the one that Sir Mike inherited when he joined the board in the summer of 2009 – becoming chairman six months later, on January 1, 2010.

The company’s fortunes are vastly improved, its

The Bank of Cyprus announced that major depositors will receive about 40 percent of their money shares, and the rest will be frozen. Finance blogger Karl Denninger says the problem is not the stolen money, but the government that enacted …

The Central Bank of Cyprus has issued on Saturday clarifications for the better understanding of the resolution measures implemented under the Resolution of Credit and Other Institutions Law, 2013 at the Bank of Cyprus and Laiki Bank. In its press …

Cypriot Finance Minister Michalis Sarris said on Saturday that the restructured Bank of Cyprus (BoC) the largest bank of the island, is ready to fulfill its role in the economy.

He further expressed the point of view that Cyprus’ financial …

Manchester United edged closer to their 20th league title when a Titus Bramble own goal gave them a 1-0 win at Sunderland on Saturday to keep them 15 points clear of Manchester City with eight Premier League games to go.…

Omonia six of the best

Posted on March 30, 2013

Omonia enjoyed an emphatic 6-0 win against Nea Salamina today on a day when an abundance of goals were scored in the Cyprus first division. The comfortable win cements the ‘Greens’ place in the top four. Alki and Ethinicos Achnas …

Cyprus is a special case

Posted on March 30, 2013

German Finance Minister Wolfgang Schaeuble has said savings accounts in the euro zone are safe, adding that Cyprus is a “special case” and not a template for future rescues.
In an interview with Bild newspaper published on Saturday, Schaeuble distanced …

Chris Morris asks if the Cyprus crisis could be an opportunity to heal the division between the island’s Greek Cypriots and Turkish Cypriots

“I was born in 1951 in this walled city,” says Semari Asik, “and I’ve lived here all …

Bank of Cyprus depositors with more than 100,000 euros (£84,300; $128,200) could lose up to 60% of their savings as part of an EU-IMF bailout restructuring move, officials say.

The central bank says 37.5% of holdings over 100,000 euros will …