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Austerity measures, the levy on bank deposits, and unprecedented capital controls led to mass protests across Cyprus. Photo by EPA/BGNES
Authorities in Nicosia have launched an investigation after Greek media published the names of politicians who allegedly had loans forgiven by three Cypriot banks at the height of the crisis.
BBC reports Sunday that the Bank of Cyprus, Laiki and Hellenic Bank apparently wrote off loans of EUR millions to companies, local authorities, and politicians from some of the island's biggest parties.
The list has now been handed to the ethics committee of the Cypriot Parliament.
The introduction of the euro in Bulgaria has so far produced only a limited and largely one-off effect on consumer prices, according to an analysis by the European Central Bank
The Kremlin has announced that Russian President Vladimir Putin has ordered an “Easter ceasefire” in the war in Ukraine, declaring a temporary halt in hostilities lasting around 36 hours
A group of Members of the European Parliament has raised concerns over the potential leakage of confidential EU information to Russia, urging stronger safeguards within the European Parliament
Moldovan President Maia Sandu has formally enacted legislation withdrawing the country from the Commonwealth of Independent States (CIS), marking a decisive step in Chisinau’s gradual disengagement from Russian-led structures
A leaked transcript of a phone call between Hungarian Prime Minister Viktor Orban and Russian President Vladimir Putin shows Orban offering extensive support to Moscow and describing himself as ready to help “in any way” in relation to the war in Ukraine
The head of the International Monetary Fund (IMF), Kristalina Georgieva, has warned that the ongoing war in the Middle East is expected to push inflation higher while simultaneously slowing global economic growth
The European Union has agreed on a major overhaul of its steel import regime, effectively doubling tariffs in an effort to protect domestic producers from what officials describe as a growing wave of low-cost foreign, particularly Chinese, exports
U.S. President Donald Trump has again escalated rhetoric beyond the ongoing war with Iran, suggesting that Cuba could become Washington’s next target
Hungary’s incoming prime minister Péter Magyar has signaled that his government will not obstruct the European Union’s €90 billion loan for Ukraine, while making clear that Budapest itself will not participate in the mechanism
The United States has moved forward with a major escalation in its conflict with Iran, enforcing a naval blockade on all Iranian ports as of Monday, targeting traffic through the Strait of Hormuz
The introduction of the euro in Bulgaria has so far produced only a limited and largely one-off effect on consumer prices, according to an analysis by the European Central Bank
Efforts to secure a lasting end to hostilities between the United States and Iran have stalled after prolonged negotiations in Islamabad failed to produce a breakthrough, casting doubt over a fragile ceasefire now entering its seventh week
Aniventure Comic Con Returns to Bulgaria with Star Guest Christopher Judge!
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