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Eroglu Ired EU Orders Greek For TRNC

Turkish Cypriot President Dervis Eroglu has sent a letter of protest to the President of the European Commission, Jose Manuel Barosso saying Turkey is upset that the European Union has directed its officials to use the Greek version for the occupied northern part of the island which only Turkey recognizes as the Turkish Republic of [...]

Sinn Sees Greece, Cyprus Leaving Euro

The German economist and President of the Ifo Institute for Economic Research in Munich, Hans-Werner Sinn, spoke in favor of a temporary exit from the Eurozone for countries such as Greece and Cyprus. He suggested creation of a monetary union of the strong countries and said that if Cyprus is forced out during its economic [...]

Barroso Tells Anastasiades: No More Money

European Commission President Jose Manuel Barroso has written Cypriot President Nicos Anastasiades that the island’s beleaguered government won’t be getting any more financial aid beyond the 10 billion euros ($13 billion) pledged by international lenders, which includes the European Union. Anastasiades had written Barroso to explore the possibilities of Cyprus receiving funding from various funding [...]

ILO Foresees Social Unrest in Greece and Cyprus

There are now over 10 million more jobless people in Europe than in the beginning of the crisis, according to a snapshot of the European labor market released by the International Labor Organization (ILO). The employment situation has continued to deteriorate since the introduction of fiscal consolidation policies.There are now more than 26 million Europeans [...]

Cypriot Crisis Inspires Russian Rappers

Cypriot Crisis Inspires Russian Rappers

The economic crisis of Cyprus has  become the source of inspiration for Russian artists. The very popular group of rap United Sexy Boys, (USB,) motivated by the economic and political situation of the island wrote a song that immediately became a hit. The song is titled ‘Oh Cyprus’ and it is a satiric look about [...]

Googlers Make Cyprus Number One

Cyprus has become the leading issue throughout the world over the last weeks and this is also reflected in Google searches concerning the island, as the number of hits has soared. Suddenly everyone wants to learn about Cyprus, while the most popular questions show that many have sheer ignorance regarding geography, as well as history. [...]