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The 2012–2013 Cypriot financial crisis was an economic crisis in the Republic of Cyprus that involved the exposure of Cypriot banks to overleveraged local property companies, the Greek government-debt crisis, the downgrading of the Cypriot government's bond credit rating to junk status by international credit rating agencies, the consequential inability to refund its state expenses from the ...
This is a list of the banks that are currently incorporated in Cyprus as of 15 December 2021. [1] Central Bank of Cyprus Eurosystem Banking quarter in Nicosia Bank of Cyprus Administration Nicosia skyline with Central Bank of Cyprus in the back
CY. Internet TLD. .cy [ e ] Cyprus[ f ] (/ ˈsaɪprəs / ⓘ), officially the Republic of Cyprus, [ g ] is an island country in the eastern Mediterranean Sea. It is geographically a part of West Asia, but its cultural ties and geopolitics are overwhelmingly Southeast European. Cyprus is the third largest and third-most populous island in the ...
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.
All of their money would be protected by the NCUSIF. If that same individual has $350,000 in share accounts at one credit union, their $350,000 would only be insured up to $250,000. Credit union ...
The Cyprus Union of Bank Employees (ETYK) is a trade union centre in Cyprus. It is affiliated with the Union Network International. References.
Trade unions in Cyprus include: ETYK ETYK (Ενωση Τραπεζικών Υπαλλήλων Κύπρου - Kıbrıs Bankacılar Sendikası - Cyprus Bank Employees Union) ΠΕΟ PEO (Παγκύπρια Εργατική Ομοσπονδία - Tüm Kıbrıs İşçi Federasyonu- Pancyprian Labour Federation) ΣΕΚ SEK (Συνομοσπονδία ...
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 ...