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cyprus
proper noun
Country between Europe and the Middle East, in the Mediterranean Sea. Member state of the European Union since 2004. Official name: Republic of Cyprus.
Exact(60)
With gold stabilising after its recent declines - which were based on worries about countries such as Cyprus selling some of their reserves along with signs of slowdown in China - and base metals such as copper recovering, mining shares regained some lost ground.
Many buyers are now taking legal action in Cyprus, claiming they were mis-sold mortgages and misled by developers and solicitors.
"Many people who took out Swiss franc mortgages for properties in Cyprus did so simply because the interest rate was lower, and they say they were never warned of the currency risks," says Richard Gorrill at overseas mortgages specialist Conti, based in Hove, East Sussex.
For example, Mellis was advised that in their case, the "power of attorney" they signed, to give the lawyer in Cyprus the power to act on their behalf, was not valid as two of the four buyers were not present and have never been to Cyprus.
According to the Royal Institution of Chartered Surveyors (RICS), which publishes a Cyprus property price index, the average cost of a three-bed house in Paphos fell from €460,000 in December 2009 to €343,000 in December 2014, a 25% drop.
Back in 2013 Cyprus tried to secure Russian financial aid as the island's capital Nicosia watched its banking system teeter on the verge of collapse.
Nineteen years after he left for Northern Cyprus, the 71-year-old broke his silence as he took the stand in his fraud trial.
It is the first time Nadir has taken the stand since he voluntarily returned from exile in his native Northern Cyprus in 2010.
Sturgeon said: "It is incomprehensible to us, for the EU referendum, that the UK government is proposing to grant the right to vote to the citizens of three other EU countries – Ireland, Malta and Cyprus – but not the remaining 24.
There are 14: Akrotiri and Dhekelia (Cyprus); Anguilla; Bermuda; British Antarctic Territory; British Indian Ocean Territory; British Virgin Islands Cayman Islands Falkland Islandsds; Gibraltar; Montserrat; Pitcairn Islands; Saint Helena, Ascension and Tristan da Cunha; South Georgia and the South Sandwich Islands; Turks and Caicos Islands.
The Riga government argues that the Latvia's banking sector is minuscule compared to that in Cyprus, whose economy relies on big off-shore banking operations.
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