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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 ...
Bank of Cyprus Public Company Ltd Bank of Cyprus [2] BCYPCY2N030 Lamesa Investments Ltd bankofcyprus.com: Cyprus Development Bank Public Company Ltd cdbbank: CYDBCY2NXXX Path Holdings Ltd cdb.com.cy: Eurobank Cyprus Ltd Eurobank ERBKCY2NXXX Eurobank Ergasias S.A. eurobank.com.cy: Hellenic Bank Public Company Ltd Hellenic Bank: HEBACY2NXXX ...
Cyprus. Cyprus became a full member of the European Union in 2004. Despite being a divided country, the entire island is EU territory. Turkish Cypriots are eligible for EU citizenship, however EU law is suspended in certain areas. [ 1] [ 2] Cyprus has two official languages: Greek and Turkish, but only Greek is an official EU language.
In 2012, Cyprus became affected by the Eurozone financial and banking crisis. In June 2012, the Cypriot government announced it would need € 1.8 billion of foreign aid to support the Cyprus Popular Bank, and this was followed by Fitch down-grading Cyprus's credit rating to junk status. [64]
The Cyprus Workers' Confederation (SEK) is a trade union centre in Cyprus. It is affiliated with the International Trade Union Confederation, and the European Trade Union Confederation . The Federations, which are members of SEK, represent and professionally express workers in sectors of the economy. Their main duty is to negotiate and achieve ...
PEO, the Pancyprian Federation of Labour ( Greek: Παγκύπρια Εργατική Ομοσπονδία, Turkish: Tüm Kıbrıs İşçi Federasyonu ), is an umbrella organization for trade unions in Cyprus, which evolved from PSE ( Greek: Παγκύπρια Συντεχνιακή Επιτροπή ). It was instrumental in the 1948 strikes in ...
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 Central Bank of Cyprus ( Greek: Kεντρική Τράπεζα της Κύπρου Turkish: Kıbrıs Merkez Bankası) is the Cypriot member of the Eurosystem and has been the monetary authority for the Republic of Cyprus from 1963 to 2007, issuing the Cypriot pound. Since 2014, it has also been Cyprus's national competent authority within ...