CYPRUS - Embassy Directory USA

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Cyprus

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EMBASSY DIRECTORY

Cyprus parliament rebukes UN envoy

The Cyprus parliament on Thursday took the unusual step of rebuking a United Nations envoy over perceived bias that it says is hindering long-running talks to reunify the divided island.

Cyprus FinMin says banks won't need gov't help

Cyprus' banks will be able to recapitalize on their own and won't need state support thanks to fiscal measures buttressing the island's financial system, the government said on Saturday.

Fitch downgrades Cyprus banks to junk level

Credit ratings agency Fitch has downgraded Cyprus' top three commercial banks by a notch each to junk status.

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