Cyprus President has `guarded optimism` on peace deal

Cyprus President Nicos Anastasiades said he has "guarded optimism" that a UN-brokered peace process could end four decades of division on the ethnically split east Mediterranean island.

Cyprus radio airs ex-president`s New Year message

Cypriot state radio publicly apologised for inadvertently broadcasting the opening remarks of a New Year`s message from the country`s former president instead of current President Nicos Anastasiades.

Cyprus’ largest bank warns economy ‘on the brink’

Cyprus’ largest bank has warned that the Cypriot economy is ‘on the brink’ and immediately needs a liquidity lifeline from Europe.

Conservative favored in Cyprus presidential runoff

With Cypriots facing the specter of financial meltdown, the conservative candidate in a presidential election runoff was favored to beat his left-wing rival on Sunday.

Anastasiades wins Cyprus Presidential Election: Survey

Nicos Anastasiades, a Cypriot right-wing party leader, won the Presidential Election with 51.1 percent of the ballot tickets in his favour.