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2013 In Cyprus
Events in the year 2013 in Cyprus. Incumbents * President: Demetris Christofias (until 28 February); Nicos Anastasiades (from 28 February) * President of the Parliament: Yiannakis Omirou Events Ongoing – 2012–2013 Cypriot financial crisis; Cyprus dispute February *17 February – Voters in Cyprus go to the polls for a presidential election with Nicos Anastasiades of the Democratic Rally and Stavros Malas of AKEL to contest a runoff on 24 February. The runoff election is won by Nicos Anastasiades. March *16 March **Cyprus defeat Bulgaria 79–10 in the European Nations Cup Second Division to earn their 18th consecutive Test victory. This at least ties the all-time record for consecutive Test wins, and (depending on the source) may be a new record. **A deal is reached between Cyprus and the EC– ECB– IMF troika. The terms of the €10 billion "bailout" package cause widespread anger among Cypriots who queue from early morning to withdraw their savings as it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cyprus
Cyprus ; tr, Kıbrıs (), officially the Republic of Cyprus,, , lit: Republic of Cyprus is an island country located south of the Anatolian Peninsula in the eastern Mediterranean Sea. Its continental position is disputed; while it is geographically in Western Asia, its cultural ties and geopolitics are overwhelmingly Southern European. Cyprus is the third-largest and third-most populous island in the Mediterranean. It is located north of Egypt, east of Greece, south of Turkey, and west of Lebanon and Syria. Its capital and largest city is Nicosia. The northeast portion of the island is ''de facto'' governed by the self-declared Turkish Republic of Northern Cyprus, which was established after the 1974 invasion and which is recognised as a country only by Turkey. The earliest known human activity on the island dates to around the 10th millennium BC. Archaeological remains include the well-preserved ruins from the Hellenistic period such as Salamis and Kourion, and Cypr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2012–14 European Nations Cup Second Division
1 (one, unit, unity) is a number representing a single or the only entity. 1 is also a numerical digit and represents a single unit (measurement), unit of counting or measurement. For example, a line segment of ''unit length'' is a line segment of length 1. In conventions of sign where zero is considered neither positive nor negative, 1 is the first and smallest Positive number, positive integer. It is also sometimes considered the first of the sequence (mathematics), infinite sequence of natural numbers, followed by 2, although by other definitions 1 is the second natural number, following 0. The fundamental mathematical property of 1 is to be a multiplicative identity, meaning that any number multiplied by 1 equals the same number. Most if not all properties of 1 can be deduced from this. In advanced mathematics, a multiplicative identity is often denoted 1, even if it is not a number. 1 is by convention not considered a prime number; this was not universally ac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Russia
Russia (, , ), or the Russian Federation, is a List of transcontinental countries, transcontinental country spanning Eastern Europe and North Asia, Northern Asia. It is the List of countries and dependencies by area, largest country in the world, with its internationally recognised territory covering , and encompassing one-eighth of Earth's inhabitable landmass. Russia extends across Time in Russia, eleven time zones and shares Borders of Russia, land boundaries with fourteen countries, more than List of countries and territories by land borders, any other country but China. It is the List of countries and dependencies by population, world's ninth-most populous country and List of European countries by population, Europe's most populous country, with a population of 146 million people. The country's capital and List of cities and towns in Russia by population, largest city is Moscow, the List of European cities by population within city limits, largest city entirely within E ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Michael Sarris
Michael Sarris ( el, Μιχάλης Σαρρής; born 14 April 1946) is a Greek Cypriot economist and politician. He earned his B.Sc. in Economics at the London School of Economics & Political Science (LSE). He later continued his studies in the United States where he obtained his Doctorate in Economics at Wayne State University. Career In 1972, he joined the research department of the Central Bank of Cyprus. In early 1974, he moved to the Bank of Cyprus to work in planning and project analysis. His international career took off in 1975 when Sarris was employed by the World Bank. In the course of his career, his work covered a broad range of sectors in Africa, Latin America and East Asia. His duties included supervision of the design of the overall country strategies of the Bank, the provision of advice on policy issues for economic and social development, the elaboration of programmes for structural adjustments and the development of economic policy dialogue between the Bank an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Ministers Of Finance Of The Republic Of Cyprus
List of Ministers of Finance of the Republic of Cyprus since independence in 1960: {, border="1" class="wikitable" ! width="50%" , Minister ! width="25%" , Began ! width="25%" , Ended , - align=center , align=left, Reginos Theoxaris , 16 August 1960 , 1 July 1962 , - align=center , align=left, Renos Solomides , 2 July 1962 , 23 June 1968 , - align=center , align=left, Andreas Chr. Patsalides , 24 June 1968 , 31 October 1979 , - align=center , align=left, Afxentios Afxentiou , 1 November 1979 , 19 April 1982 , - align=center , align=left, Simos G. Vasiliou , 20 April 1982 , 6 January 1985 , - align=center , align=left, Constantinos Kittis , 7 January 1985 , 28 July 1985 , - align=center , align=left, Christos D. Mavrellis , 1 August 1985 , 27 February 1988 , - align=center , align=left, George Syrimis , 28 February 1988 , 27 February 1993 , - align=center , align=left, Fedros Economides , 28 February 1993 , 6 November 1994 , - align=c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Liquidity Crisis
In financial economics, a liquidity crisis is an acute shortage of ''liquidity''. Liquidity may refer to market liquidity (the ease with which an asset can be converted into a liquid medium, e.g. cash), funding liquidity (the ease with which borrowers can obtain external funding), or accounting liquidity (the health of an institution's balance sheet measured in terms of its cash-like assets). Additionally, some economists define a market to be liquid if it can absorb "liquidity trades" (sale of securities by investors to meet sudden needs for cash) without large changes in price. This shortage of liquidity could reflect a fall in asset prices below their long run fundamental price, deterioration in external financing conditions, reduction in the number of market participants, or simply difficulty in trading assets. The above-mentioned forces mutually reinforce each other during a liquidity crisis. Market participants in need of cash find it hard to locate potential trading partners t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Banks In Cyprus
This is a list of the banks that are currently incorporated in Cyprus . Central bank * Central Bank of Cyprus Commercial banks Branches of foreign banks in Cyprus Representative offices of foreign banks in Cyprus *Bank Zenit Defunct banks *Cyprus Cooperative Bank (merged with Hellenic Bank in July 2018) * Cyprus Popular Bank (currently subject to resolution, prohibited from assuming any new obligations to the public) *USB Bank (merged with AstroBank in January 2019) *RCB Bank (ceased banking operations to become an asset management company) References External links {{List of banks in Europe Banks Cyprus Cyprus Cyprus Cyprus ; tr, Kıbrıs (), officially the Republic of Cyprus,, , lit: Republic of Cyprus is an island country located south of the Anatolian Peninsula in the eastern Mediterranean Sea. Its continental position is disputed; while it is ge ... + ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bailout
A bailout is the provision of financial help to a corporation or country which otherwise would be on the brink of bankruptcy. A bailout differs from the term ''bail-in'' (coined in 2010) under which the bondholders or depositors of global systemically important financial institutions (G-SIFIs) are forced to participate in the recapitalization process, but taxpayers are not. Some governments also have the power to participate in the insolvency process: for instance, the U.S. government intervened in the General Motors bailout of 2009–2013. A bailout can, but does not necessarily, avoid an insolvency process. The term ''bailout'' is maritime in origin and describes the act of removing water from a sinking vessel using a bucket. Overview A bailout could be done for profit motives, such as when a new investor resurrects a floundering company by buying its shares at firesale prices, or for social objectives, such as when, hypothetically speaking, a wealthy philanthropist reinven ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Deposit Levy
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a Bank regulation, high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concept ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Troika (triumvirate)
A triumvirate ( la, triumvirātus) or a triarchy is a political institution ruled or dominated by three individuals, known as triumvirs ( la, triumviri). The arrangement can be formal or informal. Though the three leaders in a triumvirate are notionally equal, the actual distribution of power may vary. The term can also be used to describe a state with three different military leaders who all claim to be the sole leader. Pre-Modern triumvirates Biblical In the Bible triumvirates occurred at some notable events in both the Old Testament and New Testament. In the Book of Exodus Moses, his brother Aaron and, according to some views their nephew or brother-in-law, Hur acted this way during the Battle of Rephidim against the Amalekites. Later, when Moses was away on Mount Sinai Aaron and Hur were left in charge of all the Israelites. In the Gospels as a leading trio among the Twelve Apostles at three particular occasions during public ministry of Jesus acted Peter, James, son ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1944, started on 27 December 1945, at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international monetary system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. , the fund had XDR 477 billion (a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Central Bank
The European Central Bank (ECB) is the prime component of the monetary Eurosystem and the European System of Central Banks (ESCB) as well as one of seven institutions of the European Union. It is one of the world's Big Four (banking)#International use, most important central banks. The Governing Council of the European Central Bank, ECB Governing Council makes the projects for the monetary policy for the European Union with suggestions and recommendations and to the Eurozone with more direct applications of such policies, it also administers the foreign exchange reserves of EU member states in the Eurozone, engages in foreign exchange operations, and defines the intermediate monetary aims and objectives, and also the common interest rates for the EU. The Executive Board of the European Central Bank, ECB Executive Board makes policies and decisions of the Governing Council, and may give direction to the national central banks, especially when doing so for the Eurozone central ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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