Cyprus
Bank of Cyprus to sell Ukrainian operations within weeks
Bank of Cypruss 225-million-euro sale of its Ukrainian bank is on track to happen within weeks, Chief Executive John Hourican said in an interview on Monday.
The bank announced on January 31 that its Ukrainian operations would be sold to Russias Alfa Group.
[Reuters]
EC to Investigate UK Over Suspended Grants to Bulgarians, Romanians
European Commissioner Androulla Vassiliou has announced the launch of a formal investigation of London's decision to suspend grants and loans to Bulgarian and Romanian students.
Cypriot Defense Minister Tasos Mitsopoulos dies
Political parties in Cyprus canceled all their public events over the weekend as a mark of respect for Defense Minister Tasos Mitsopoulos, who died at the age of 48 on Saturday after suffering a brain hemorrhage at his office a day earlier.
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Limassol Port Privatization Procedure Underway
A privatization procedure has been launched for the port in Limassol.
Cyprus' Cabinet approved the decision on Wednesday, following a decision of Parliament on March 4 in favor of a large-scale privatization program which has been strongly opposed by unions.
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Business leaders back Cyprus negotiation process
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Cyprus domestic capital controls to be lifted by end of spring, says Georgiades
Cyprus Finance Minister Harris Georgiades told the countrys national broadcaster on Monday that he expects all domestic capital controls to be lifted by the end of spring.