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The Economic Adjustment Programme for Cyprus, usually referred to as the Bailout programme, is a memorandum of understanding on financial assistance to the Republic of Cyprus in order to cope with the 2012–13 Cypriot financial crisis . It was signed in March 2013 by the Cypriot Government on one hand, and on the other hand by the European ...
Politics of Cyprus. The Council of Ministers is the executive branch of the Cypriot government, consisting of ministers. The council is chaired by the President of Cyprus and the ministers head executive departments of the government. The President and his ministers administer the government and the various public services .
Welfare in Cyprus. Cyprus is a high income country with a well established and extensive welfare system. The Social Insurance Scheme ensures access to healthcare, income support, and pensions, with mandatory contributions for all employees and employers. Income support is means tested on the basis of total family income and assets, which often ...
The government of ethnically split Cyprus on Friday promised breakaway Turkish Cypriots a package of measures aimed at winning their trust ahead of a renewed United Nations attempt to revive long ...
May 2, 2024 at 3:55 AM. NICOSIA, Cyprus (AP) — The Cyprus government has given Chevron another six months to come up with a revised plan to develop a sizeable natural gas deposit off the island ...
The Council of Ministers ( Turkish: Bakanlar Kurulu) is the executive branch of the government of the unrecognized state Northern Cyprus, consisting of ministers. The council is chaired by the Prime Minister of Northern Cyprus and the ministers head executive departments of the government. The President of Northern Cyprus reserved the right to ...
NICOSIA (Reuters) -Cyprus has suspended the processing of asylum applications from Syrians following a sharp increase in irregular arrivals this month, authorities said on Sunday. More than 1,000 ...
The economy of Cyprus is a high-income economy as classified by the World Bank, [3] and was included by the International Monetary Fund in its list of advanced economies in 2001. [1] [2] Cyprus adopted the euro as its official currency on 1 January 2008, replacing the Cypriot pound at an irrevocable fixed exchange rate of CYP 0.585274 per €1.
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