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Cyprus Euro Currency News

Cyprus Euro Currency News is an EIN News Service for political professionals. Constantly updated news and information about Cyprus EU Politics.

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Latest Cyprus Euro Currency News

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Cyprus' Central Bank governor urges curb on spending to head off growing fiscal deficit 27 Nov 2009 13:18 GMT
... NICOSIA, Cyprus (AP) - Cyprus' Central Bank governor urged the government on Friday to ... said. European Union member Cyprus joined the euro zone on Jan. 1, 2008. A six percent ...
Cyprus Central Bank governor urges spending curb 27 Nov 2009 13:15 GMT
... quicker we'll succeed in achieving sustainable development and prosperity," he said. European Union member Cyprus joined the euro zone on Jan. 1, 2008. A six percent fiscal deficit would put the island at ...
UPDATE 1-ECB's Nowotny: ECB will phase out, drain liquidity 25 Nov 2009 19:15 GMT
... VIENNA, Nov 25 (Reuters) - The European Central Bank will phase out liquidity measures to avoid ... banks off cheap central bank cash. A euro zone monetary source told Reuters no decision had ... without such cheap and abundant ECB funding. Cyprus central bank governor Athanasios Orphanides said last week ...
Orphanides: reunification a boon for Cyprus economy 19 Nov 2009 12:34 GMT
... Orphanides: reunification a boon for Cyprus economy THE reunification of Cyprus could be ... deal between now estranged Greek and Turkish Cypriots must avoid barriers, ECB Governing Council member ... Cyprus has been a member of the euro zone since 2008. Effective participation in the ...
UPDATE 3-Cyprus economy to shrink, deficits to rise-cbank 27 Nov 2009 12:14 GMT
... NICOSIA, Nov 27 (Reuters) - Cyprus' economy will shrink by more than 1 ... year and its budget deficit will breach euro zone thresholds in 2010 and 2011 unless ... reflection of deep-rooted structural problems in the Cypriot economy. 'The situation is critical, and the ...
UPDATE 2-Cyprus economy to shrink, deficits to rise-cbank 27 Nov 2009 09:55 GMT
... NICOSIA, Nov 27 (Reuters) - Cyprus' economy will shrink by more than 1 ... year and its budget deficit will breach euro zone thresholds in 2010 and 2011 unless ... reflection of deep-rooted structural problems in the Cypriot economy. 'The situation is critical, and the ...
UPDATE 1-Cyprus economy to shrink more than 1 pct in '09-cbank 27 Nov 2009 09:20 GMT
... NICOSIA, Nov 27 (Reuters) - Cyprus can expect its economy to contract by ... year, and budget deficit levels double the euro zone threshold, Central Bank Governor Athanasios Orphanides ... reflection of deep-rooted structural problems in the Cypriot economy. 'The situation is critical, and the ...
Favourable report for Slovakia's euro adoption 20 Nov 2009 13:56 GMT
... Minister Robert Fico Slovakia’s adoption of the euro drew a step closer following the favourable ... the 16th country to adopt the single currency on January 1, 2009, a year after Malta and Cyprus. Malta’s recent changeover experience is also proving ...
UPDATE 1-Cyprus should move on structural changes-c.bank 20 Nov 2009 11:54 GMT
... NICOSIA, Nov 20 (Reuters) - Cyprus's economy needs structural changes to shore up ... waits the more painful it will be, Central Bank Governor Athanasios Orphanides said on Friday. Cyprus ... improvement in the economic climate in the euro zone. 'Beyond the negative developments on GDP, I ...
Cyprus should move on with structural change-cbank 20 Nov 2009 11:34 GMT
... NICOSIA, Nov 20 (Reuters) - Cyprus's economy needs structural changes to help maintain ... maintain the long-term sustainability of public finances, central bank governor and European Central Bank Governing Council ... circumstances prevailing in the rest of the euro zone,' Orphanides told a meeting at the finance ...
Tourism to Cyprus to get worse from UK 24 Nov 2009 19:54 GMT
... UK will continue to dwindle simply because Cyprus is still an expensive destination. A lot of ... Industry experts suggest that destinations outside the eurozone, such as Turkey, Egypt, the U.S. and ... has been affected greatly because of the Sterling/Euro rate. Eurozone countries are at a disadvantage of ...
Maltese eager to change to euro 20 Nov 2009 13:48 GMT
... the Maltese to change to the new currency is confirmed by the amount of withdrawals ... two days since the adoption of the euro, which amounted to almost 65,000 for a ... days are almost double the figures of Cyprus, which also adopted the euro on January ...
Looking for a Cyprus Investment Property? 24 Nov 2009 04:32 GMT
... 340 days of sunshine a year in Cyprus, where the tourists and the locals can ... January 2008 Cyprus will also adopt the Euro single currency. These changes to the Cyprus investment property ...
Government Sovereign Debt Spirals 24 Nov 2009 21:11 GMT
... I have been writing about sovereign debt risk for some ... largesse to the limits of market tolerance. Euro membership blocks every plausible way out of ... facile political elite signs up to a currency union for reasons of prestige or to ...
Greece Tests the Limit of Sovereign Debt As it Grinds Toward Slump 27 Nov 2009 16:33 GMT
... I've been reading quite a bit of handwring over ... enjoys its role as the world's reserve currency, and has a central banker who has ... largesse to the limits of market tolerance. Euro membership blocks every plausible way out of ...

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