Cyprus
Reports on Cyprus See all →
Dispute with Turkey casts shadow over Cyprus gas bonanza
The dispute between Greece and Turkey over divided Cyprus has become entangled in the broader international discord over both offshore energy and Ankara’s relationship with the European Union, including the increase in Israeli-Turkish tensions. Renewed negotiations between Ankara and Nicosia are mainly driven by the recovery of natural gas reserves off the Cyprus c...
Cyprus bailout deal raises more questions for the future of Europe
Cyprus is the latest eurozone country to receive a bailout to save its troubled banks. But the last-minute deal to stave off bankruptucy and a disorderly departure from the euro creates many more problems for Europe. The way the crisis has been managed raises questions about whether the EU authorities ...
Cyprus gas: A lifeline to the economy
Cyprus’ discovery of the Aphrodite gas field in the eastern Mediterranean is seen as potentially providing a lifeline for the Cypriot economy. Contracts signed with international oil companies could help the island turn the page on its vulnerable indebted economy and its reliance on imported energy supplies. This report looks ...
Cyprus election winner could ease eurozone financial tensions
Cypriot voters gave conservative Nicos Anastasiades a landslide victory and with it a mandate to resolve Cyprus’ economic problems. His new ministerial team is likely to encourage his eurozone partners to support plans for the island’s 17.5 billion euros rescue package and the introduction of austerity and privatisation measures to ...
How the Syrian crisis is further muddying the waters of the Eastern Mediterranean
The civil war in Syria has wide and complex knock-on effects for the region and world politics. One area which will come under severe strain is the Eastern Mediterranean where Russia, in particular, has a strong stake in maintaining maritime trade and giving its navy access to a warm water ...
