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Larnaca Fashion - Shopping in Larnaca Cyprus.
Fashion Shopping in Larnaca. Find information on the best places for Larnaca shopping and tips for a Larnaca shopping trip.
Cyprus drops limits on 8 more foreign banks
Cyprus on Friday got rid of limits on money transfers and withdrawals for international clients of another eight foreign banks doing business in the debt-laden country. The Finance Ministry said in a new ...
Man jailed for eight years for killing British soldier in Cyprus
LARNACA, Cyprus (Reuters) - A teenager from London was jailed for eight years in Cyprus on Friday for fatally stabbing an off-duty British soldier at a holiday resort on the island last year. Fusilier David Lee Collins, 19, from Manchester, died from knife wounds after a fight broke out in the resort of Ayia Napa in November. Mohammed Abdulkadir Osman, 19, had pleaded guilty to manslaughter ...
Cyprus may presell gas reserves to ease crisis
Cyprus may presell the country's offshore natural gas reserves to raise cash quickly and pull it out of its deep financial crisis, the country's finance minister said Thursday. Harris Georgiades said the ...
Risks for Cyprus are 'unusually high', adoption of austerity plan imperative: IMF
The IMF said on Friday that risks for Cyprus were "unusually high" given its weak banking sector and economy and the island's full adoption of an economic austerity plan was imperative. The island's ...
Cyprus exempts international clients of another 8 foreign banks from capital controls
NICOSIA, Cyprus - Cyprus on Friday got rid of limits on money transfers and withdrawals for international clients of another eight foreign banks doing business in the debt-laden country.
IMF sees Cyprus growth in 2015, warns of pitfalls
Cyprus should return to growth in 2015 after three years of deep recession, the International Monetary Fund said on Friday, but will need to ensure that its sweeping austerity programme does not slip off the tracks.
Insight: Bank documents portray Cyprus as Russia's favorite haven
By Stephen Grey, Michele Kambas and Douglas Busvine NICOSIA (Reuters) - When the Cyprus bank run began earlier this year, Russians set much of the pace. Documents seen by Reuters show that as the Mediterranean island headed towards financial meltdown in March, most notable among companies transferring money from the country's two main banks were Russians and East Europeans. At least 3.6 billion ...
Cyprus Money-Laundering Crackdown Has Deficiencies, Report Shows
Cyprus’s attempts to stop money laundering, required as part of a 10 billion-euro ($12.9 billion) international rescue, have “systemic deficiencies,” according to a report by Deloitte Financial Advisory Srl.
Cyprus banks more vulnerable than previously thought - auditors
HELSINKI/NICOSIA (Reuters) - Cyprus's banking system, which is being restructured under an international bailout, is more vulnerable to money laundering than previously thought, a report commissioned as ...
Cyprus keeps limits on money flows
NICOSIA, Cyprus (AP) — Cyprus will keep limits on money transfers and withdrawals until it is more confident that its ailing banks will not face a run, the central bank's chief said Thursday.