100 posts
The Week in Bloggingportal: Cyprus in (y)our heart
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Let’s put it like this: Adrenaline that comes with jumping from a cliff, as the Cyprus tourism video suggests as its first message, definitely was part of this week in Bloggingportal.eu. The tentative Cyprus deal agreed last week that was...
Why is the ECB threatening to pull the plug on Cyprus? And how would it work?
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The ECB - which holds the key to Cyprus' future inside the euro by virtue of funding the country's banks - this morning issued a statement which essentially set Monday as the deadline for a Cypriot bailout deal. It said:The Governing Council of the E...
Dramatic days ahead in Cyprus
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Authors: Zsolt DarvasThe Cypriot parliament's Tuesday evening rejection of the bank levy on bank deposits, which was a key condition for financial assistance from the EU/IMF and continued European Central Bank support to the Cypriot banking system, w...
What’s a europhile to make of the Cyprus bail-in?
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As if there weren’t enough slightly-but-not-very informed comments out there… here are my €0.02 on the Cyprus bail-in, as seen from a ‘pro’-EU perspective. 1. On a personal level, I’m horrified by the proposa...
All at sea – What does the 'No' vote mean for Cyprus and the eurozone?
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Following the dramatic vote by the Cypriot parliament tonight to reject the bailout deal, here is our flash analysis of the situation:The Cypriot parliament tonight voted against a bill to introduce a tax on bank deposits, in return for a €10bn...
Cyprus deal: the right intentions but major flaws
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Authors: Zsolt DarvasOn Saturday morning, after a marathon meeting of the Eurogoup, it was decided to impose a one-time wealth tax on deposits in Cypriot banks: 6.75% on deposits below €100,000 and 9.9% on deposits above this threshold. Involvin...
Your Cyprus Questions, Answered
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Gabriele Steinhauser, a reporter for The Wall Street Journal, answers some questions about the Cypriot bank levy.
Is there any chance Cyprus could secure a better deal?
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UPDATE 22:00 According to Reuters, German Finance Minister Wolfgang Schäuble claimed today that it was indeed the Cypriot govenrment's decision to go for smaller depositors - not Germany's. Speaking to public broadcaster AR...
Observations On Cyprus
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Cyprus's bailout agreement: the euro zone's messy decision making, the decline of sovereign immunity, the perils of big banking systems, the shortest government honeymoon ever, and more...
Cyprus Entrepreneurs fit for European Mobility
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Earlier this summer we titled a post - The Entrepreneurs that did not fit into the #Cy2012eu Agenda - never thought that it would have been so premonitory. -...
Cypriot Ministry consults on spectrum transfers draft Decree
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The competent Cypriot Ministry launched its consultation on a spectrum transfers draft Decree, in alignment with the RSPP (in greek).
Strange Tactics
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To my (and I think everyone's) surprise, yesterday German Finance Minister Wolfgang Schäuble, has stated that he does not expect concrete negotiations between Cyprus and international lenders to start before 2013, suggesting that the island has mis...
Cypriot NRA finalises draft Decree on conumer protection
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OCECPR has issued its final version of the draft Decree (in greek) on consumer protection, prescribing the info that operators have to include in their bills and make publicly available and providing measures for consumer protection as regards PRS.
Cengiz Aktar: [Kıbrıs'ta] Çözümler er veya geç gündeme gelecek
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Çözümler er veya geç gündeme gelecek Hükümetin 2023-2071 ufkunda Kıbrıs yok. Geçen hafta oradaydım. Kuzeyde CTP’nin kadrolarını gençleştirmeye çalıştığını, hükümet partisi UBP’nin hızla AK Parti’n...
Chypre : un prêt russe pour sortir de la crise
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Lourdement frappée par la crise financière, Chypre s’est résolue à demander de l’aide. Deux demandes ont été lancées en parallèle: l’une auprès de l’UE et l’autre auprès de la Russie. Cette demande de prêt rus...
Politicians in Cyprus need to move on from the ‘blame game’ for the country’s economic woes if they are to make badly needed economic reforms.
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With massive amounts of non-performing loans, a high debt-GDP ratio, and rising unemployment, the Cypriot economy now faces painful but necessary measures to kick start recovery. Adonis Pegasiou argues that these badly needed reforms are being stalle...
Austerity Measures and Reforms in Cyprus
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The first thing I read today were the austerity and reforms guideline plans prepared by Troika for the island of Cyprus, which has requested a bail-out in the summer. According to them, the country's fiscal deficit has to be reduced to about 4% of GD...
Cyprus to exit the euro? Cheap politics from Andros Kyprianou
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The government of Cyprus now holds the Presidency of the European Council, which should make Mr Kyprianou twice as careful in selecting his words. Picture credit: Protesilaos Stavrou CC BY-NC-SA The Secretary General of AKEL, the governing party of...
#TeamCy2012eu to sweat the colors of the Council of the European Union for Charity
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It's objective is to gather as many participants as possible, wearing the official colors of the Presidency. Running for the Cyprus Presidency team, would be a substantial contribution in our effort to use this opportunity for fund raising.
Ukrainian Cypriot relations
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The EU’s very naughty boy, the offshore tax haven of Cyprus, and Ukraine are getting ever more friendly. Last week, the Cypriot President paid his first ever visit to Ukraine, and this whilst Cyprus is also holding the EU Presidency. Amongst th...
Revisit Cyprus at the Biennale di Venezia
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Reblogged from Cyprus.Diverse.City: A generational proposal for renewal to an islands future - REVISIT Cyprus – The Cyprus National Project for Tourism on exhibit? Well, not really. It’s more like end-of-study …...
Έκθεση Φωτογραφίας
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The Photography Exhibition will present the 14 Years and Offer Life Youth Centre in the local community Agros, Cyprus and Europe Anticipating Europe's Single market celebration for the 1992 generation.
7. Interview of His Excellency Kornelios Korneliou, Cyprus’ Permanent Representative to the EU
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Cyprus is a small country, member of the EU since 2004. As it will preside over the EU’s destiny during the next six months, it is the opportunity to get to know the Member State that is positioned most East. … Continue reading →...
6. A former Erasmus student in Cyprus tells his experience
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Dear readers, Due to the special nature of this article, we have not translated it in English. You can find it in French by clicking here. We will be back tomorrow with the interview of His Excellency Kornelios Korneliou, the … Continue reading...
Cyprus: Remembering ‘Operation Atilla' Across Borders
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On the 38th anniversary of the Turkish invasion of Cyprus - Operation Atilla - netizens from Cyprus, Greece and Turkey comment on what they see as either a day to mourn or celebrate.
One Island with one reality – that things have to change
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Cast your eye closer - Even Google Maps does that quite well these days - and you will see a previously desolate Buffer Zone, patrolled by dreary United Nations personnel, springing to life thanks to a growing number of Cypriots concerned about their...
4. The priorities of the Cypriot Presidency
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Between the 1st July and the 31st December 2012, Cyprus will hold the rotating presidency of the Council of the European Union for the first time, taking over from Denmark and to be succeeded by Ireland. This article will outline … Continue rea...
Bloggers and the Council Presidency: #Cy2012eublogs
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I attended the European blogging event held by the Cypriot Council presidency two weeks ago (you can find the event on Twitter with the hashtag #cy2012eublogs). It was a well-run event, with four panel discussions between bloggers on Europe in the Wo...
3. The current difficulties of the Cypriot economy
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Today, we continue our thematic week on Cyprus, on the occasion of Cyprus’ EU Presidency, with a presentation of the Cypriot economy and its current troubles which have made the headlines. The country became a member of the EU in … Continue r...
Cyprus: First Ever Olympic Medal at London 2012
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The London 2012 Olympics will be a landmark in Cyprus' sport history. Twenty-two year old Pavlos Kontides, who is from Limassol, Cyprus, became the country's first ever Olympic medalist. Kontides won the silver medal at single-handed Laser c...
1. The History of Cyprus
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The history of Cyprus – the third largest island in the Mediterranean (after Sicily and Sardinia) and situated south of Turkey and to the west of the Syrian-Lebanese coast – is long and turbulent. Since ancient times, its numerous natural …...
Civil Society is a Novel Concept in Cyprus
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Civil society without trade unions, the Church and political parties is a novel concept for a country which just three years previous had joined the European Union (EU)...
When the EU Cypriot Presidency meets the bloggers
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On the last 26th of July, the EU Cypriot presidency invited bloggers at the Council of the European Union headquarters in Brussels. Not being able to go in the Belgian capital city, my colleague Estelle Delaine for “Le Café de … Continue rea...
Cypriot presidency of the EU council is underway
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The first of July saw Cyprus' presidency of the EU Council officially begin. There were both positive remarks and criticism for the Danish presidency as it came to an end. On Tuesday 3rd July the president of the Republic of Cyprus, Demetris Christof...
Will the Cyprus blogging event #cy2012eublogs leave a legacy?
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Yesterday I wrote a short entry (in Swedish) ahead of the meeting in Brussels between the Cyprus presidency of the Council of the European Union, Cypriotic bloggers and eurobloggers. I also linked to a blog post (in Swedish) with further links to ent...
Cypern bullar upp till bloggfest i Bryssel #cy2012eublogs
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Klappa takten alla bloggarbarn, Bloggfest, bloggfest hela dan! Eller någonting åt det hållet. Ordförandelandet Cypern ordnar nämligen i dag, torsdagen den 26 juli 2012 en träff med cypriotiska och Europabloggare i Bryssel, med inledning klo...
Council meeting on Cyprus and sad news
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Number of View: 162The Cypriot presidency has invited us to a two days informal council meeting in Nicosia. An informal meeting is different from a regular, in the sense that it is held in the country of the presidency rather than in Brussels, and th...
EU:s budgetkamp en utmaning för Cypern
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De offentliga utgifterna i EU-länderna uppgår till omkring hälften av bruttonationalprodukten (50,3 % år 2010 enligt Eurostat). I jämförelse är Europeiska unionens budget rätt anspråkslös. Kommissionens förslag till ny långtidsbudget ligg...
Seitsemän laihaa tai lihavaa vuotta? EU:n monivuotinen rahoituskehys 2014-2020
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Euroopan unionin rikkaammat nettomaksajat käyvät taistoon unionin seitsemän laihan vuoden puolesta. Vastassa ovat saamapuolella yhteenkuuluvuuden ystävät, jotka yhdessä komission ja Euroopan parlamentin kanssa pyrkivät torjumaan leikkausinnon.
Cyprus EU Council presidency work programme reflections
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Chairing the EU Council for six months is always an intensive project for the politicians and officials concerned, but especially when the presidency is run by a small country with limited manpower to handle the issues in more than thirty different p...
Cyprus EU Council presidency: Long term budget and citizens
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After the divided island, the invitation to eurobloggers and the Cyprus EU Council presidency in a nutshell we take a closer look at the six month work programme: Programme of the Cyprus Presidency of the Council of the European Union 1 July - 31 Dec...
Cyprus EU Council presidency in a nutshell
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Here is a short presentation of the Cyprus presidency of the Council of the European Union from 1 July to 31 December 2012. Presidency trio We saw that the government of the Republic of Cyprus controls and EU law is applied in about 59 per cent o...
Cyprus invites eurobloggers
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The Cyprus presidency of the Council of the European Union will organise an event in Brussels on 26 July 2012, bringing together European bloggers. Those wishing to participate may register for the event until the organisers run out of space or the 2...
Cyprus: Divided island chairs EU Council
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In 2004 a politically divided Cyprus was allowed to join the European Union. In 2012 the problem is still there (Wikipedia). The membership negotiations of Turkey were not going much anywhere, but the Turkish decision to boycott the Cyprus presidency...
#cy2012eublogs bloggers connect!
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Reblogged from Cyprus Community Media Centre: The Cyprus Presidency has come good on its word – namely to organise an event that will connect European bloggers with their Cypriot counterparts. … Continue reading →...
The Parliament’s Gossip
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This is the last plenary session before the summer break (which will last from 23 July until 25 August). This session was held between 2 and 5 July and saw several major events, such as the astonishing rejection of the … Continue reading →...
Cypriot Presidency will push for a sustainable development agenda
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As the priorities of Cyprus' Presidency of the EU Council of Ministers have been presented to European Parliament committees by Cypriot ministers this week, Sofoclis Aletraris minister for Agriculture, Natural Resources and Environment, stressed...
Cyprus: Official Opening Ceremony of EU Presidency
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On July 1, 2012, Twitter users commented on the official opening ceremony of the Cyprus Presidency of the EU Council under the hashtag #cy2012eu. Meanwhile, Peter Spiegel tweeted a photo of a Turkish Cypriot protest poster reading “EU what are...
Simple and Predictable Story of Fiscal Bankruptcy in Cyprus
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The Mediterranean island nation is a good case study illustrating the economic dangers of big government and the budget data shows that Cyprus is in trouble because of excessive spending. …...
Problems to Resurface for the New EU Presidency
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Cyprus' recent economic difficulties, combined with its long-lasting dispute with Turkey, are reason enough to expect that its EU presidency will indeed be challenging.
Carlton-Browne of the EU
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As Cyprus takes over the EU presidency this week, an idle thought occurs: Has anyone seen the 1959 British Ealing comedy Carlton-Browne of the F.O.? It's about a former British colony island nation that has become divided into two halves...
The Cypriot EU Presidency kicks off: Will it live up to its global duties?
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Over the last decades, Cyprus has evolved from an aid recipient to an aid donor country helping those most in need in the developing world. However, despite getting off to a good start, going above and beyond its overseas aid target for 2010, Cyprus...
A Presidential Bailout for Cyprus
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Holding the presidency of the EU for the first time was supposed to be Cyprus's time to shine. But now the EU's third-smallest member in terms of population had to seek a bailout.
EU and the Turkish-Cypriot Civil Society
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Yesterday, a group of Turkish-Cypriots, dressed up in white masks and clothes, symbolically protested for being the ‘ghosts’ of the European family and asked for their better EU integration. The event was largely initiated by the Turkish-...
Cyprus's request for a bailout greatly raises the fear of contagion | Charlie Charalambous
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Cyprus has finally run out of quick-fix solutions to save its economy - just as it takes the reins of the EU presidencyThe timing could not be worse. Just days before Cyprus is due to take up the European Union's presidency and the task of guiding Eu...
A Cyprus liquidity switch
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The world’s 81st-biggest island fell off the European Central Bank’s collateral lists on Tuesday. At least its sovereign debt did.From an ECB statement to FT Alphaville:...
