Michele's Feed
Apr 9, 2015

Black flamingo, possibly unique, spotted in Cyprus

AKROTIRI, Cyprus (Reuters) – An extremely rare black flamingo has been spotted on the Mediterranean island of Cyprus, exciting nature lovers who said it may be the only bird of its type ever seen.

The flamingo, seen on the banks of a salt lake on Wednesday morning, is thought to have a genetic condition known as melanism, which causes it to generate more of the pigment melanin, turning it dark, rather than the usual pink color.

Apr 7, 2015

U.N. Cyprus envoy says sees no obstacle to new peace talks

NICOSIA (Reuters) – A U.N. envoy for ethnically split Cyprus said on Tuesday he expected stalled peace talks to resume “within weeks”, following a six-month suspension in a dispute over offshore gas reserves.

Norwegian diplomat Espen Barth Eide said he had met Greek and Turkish Cypriot leaders earlier on Tuesday, and they both agreed the “circumstances were now right” for the resumption of negotiations.

Apr 6, 2015

Cyprus lets euro zone’s first capital controls go quietly

NICOSIA, April 6 (Reuters) – Cyprus freed capital flows on
Monday, ending two years of controls that set an unwanted
precedent for the euro zone at the height of the bloc’s debt
crisis.

The Mediterranean nation became the first and, to date, the
only euro zone member to impose controls, acting to stem a
flight of capital from its banks in March 2013.

Apr 3, 2015

Cyprus to lift all capital controls on Monday: President Anastasiades

NICOSIA (Reuters) – Cyprus will lift all capital controls on Monday and President Nicos Anastasiades voiced confidence that its banking system, forced into a chaotic bailout in 2013, is now immune to the crisis in neighboring Greece.

The Mediterranean island nation became the first and, to date, the only euro zone country to impose capital controls, when its banking system imploded in 2013 and depositors pulled out their funds.

Mar 30, 2015

Cyprus football officials determined to unify despite protest

NICOSIA (Reuters) – Turkish Cypriot football officials on Monday vowed to press ahead with attempts to reunite with the Cyprus Football Association, (CFA), triggering a political storm on the ethnically-split island.

In a controversy running to the heart of the highly-charged division of Cyprus, the Cyprus Turkish Football Association (CTFA) told football governing body FIFA on Monday they had launched a process to eventually become a member of the Greek Cypriot CFA.

Mar 30, 2015

Soccer-Cyprus soccer officials determined to unify despite protest

NICOSIA, March 30 (Reuters) – Turkish Cypriot soccer officials on Monday vowed to press ahead with attempts to reunite with the Cyprus Football Association, (CFA), triggering a political storm on the ethnically-split island.

In a controversy running to the heart of the highly-charged division of Cyprus, the Cyprus Turkish Football Association (CTFA) told soccer governing body FIFA on Monday they had launched a process to eventually become a member of the Greek Cypriot CFA.

Mar 13, 2015

Cyprus politicians call on central bank chief to resign

NICOSIA (Reuters) – Cypriot politicians called on the central bank governor on Friday to resign, accusing her of a conflict of interest, days after a media leak, which many believe came from the central bank, listed members of parliament who owe millions in loan arrears.

Central Bank Governor Chrystalla Georghadji has been fending off accusations for weeks about her estranged husband’s role in a legal dispute about a bank forced to wind down as part of Cyprus’s 2013 financial bailout.

Mar 11, 2015

Cyprus seeks distance from Greek euro drama

NICOSIA, March 11 (Reuters) – Doubts over Greece’s future
membership of the euro are straining its historic kinship with
Cyprus, as Nicosia distances itself from Athens to try to secure
its foothold in the currency bloc.

Cyprus wants to reverse a perception that the two countries
are inextricably linked, worried that it could be dragged down
with Greece, should Athens’ finances collapse and force the
Greeks to abandon the euro.

Mar 5, 2015

Bailed-out Cyprus eyes return to normal borrowing this year

NICOSIA, March 5 (Reuters) – Cyprus hopes to borrow on
financial markets this year, its finance minister told Reuters
on Thursday, saying the island’s economy had more in common with
bailout turnaround Ireland than Greece.

Harris Georgiades said Ireland, which reformed after near
bankruptcy, was a role model as Cyprus climbs out of recession
and prepares to borrow on markets ahead of the end of its
reform-for-aid programme in the middle of next year.

Mar 4, 2015

Cypriot president bids to take part in ECB’s QE programme

NICOSIA (Reuters) – Cyprus will stick to its reform pledges, the country’s president told the head of the European Central Bank on Wednesday, promising to implement insolvency laws that he hopes will allow the island to benefit from a trillion-euro-plus programme to buy sovereign bonds.

At a meeting on the Mediterranean island, Nicos Anastasiades personally made the case to ECB President Mario Draghi for Cyprus to take part in the ECB’s quantitative easing programme, a person familiar with the talks told Reuters.