October 27th, 2017The Central Bank of Cyprus (CBC) announced on Friday that the period of exchange of Cyprus pound banknotes with euros will expire on at the end of this year.
Nominal amount Years of Issue
February 12th, 2017By Aydin Calik
If you are shopping for a new house in northern Cyprus, you will have to get your pounds ready. A new car? Euros. How about a second-hand one? Again, the Great British Pound.
Or perhaps you are looking to buy a new smartphone, well, they are priced in dollars, along with most electronic goods. Even rents are...
July 20th, 2016By Steve Scherer
Italian police said on Wednesday they had seized 7 million euros ($7.7 million) in fake banknotes and arrested three men who were caught printing copies of the new-style 20-euro bill, introduced last year with added security to deter counterfeiters.
Three Italian men had set up a sophisticated printing operation in...
June 14th, 2016Austria, who were undefeated in 10 qualifying games, were beaten 2-0 by old rivals Hungary in the opening match of Euro 2016 Group F on Tuesday.
The Hungarians, who only reached the finals through the playoffs, took the lead with a rare goal by forward Adam Szalai in the 63rd minute.
It his first at international level since...
December 18th, 2015By Jan Strupczewski
Euro zone leaders will ask their finance ministers on Friday to quickly complete their banking union, but at the insistence of Germany they will not say directly what that could mean: the setting up of a European Deposit Insurance Scheme (EDIS).
Draft conclusions of the EU summit under way in Brussels showed...
August 17th, 2015Famagusta District Court on Monday remanded a 31-year-old man who lives in Limassol for four days, in connection with possessing and using counterfeit money.
According to police, a bar employee in Ayia Napa reported that at about 1am, a man paid for his drinks with a €50 note that seemed to be fake.
Arriving at the scene, police...
January 29th, 2015High quality counterfeit €20 bills have been passing around in the Nicosia and Limassol districts, police said, urging the public to be extra careful when dealing with cash.
According to police, most of the counterfeit bills are marked with the serial numbers V25888032140 and Τ55501929854.
Police advise the public to swipe bills...
August 29th, 2014By Constantinos Psillides
A 34-YEAR-OLD man from Guatemala was remanded on Friday for seven days in connection with an attempt to trade in counterfeit money, police said.
According to the police report, man approached a Greek Cypriot Larnaca resident in June and offered to duplicate a €50 bill for him. The Greek Cypriot accepted...
September 29th, 2013By Costas Apostolides
THE public at large should be informed that taking low interest loans in foreign currencies when your income is in euros is a high risk activity, and is really a form of gambling often involving the mortgage on their homes.
Over the past couple of weeks two friends have come up to me and stated that relatives had...
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