S-400 missile systems put on combat duty in northwestern RussiaMilitary & Defense December 08, 8:47
Japanese Foreign Ministry officially announced Putin's visit on December 15-16World December 08, 7:04
Putin to meet with head of Eurasian Economic CommissionRussian Politics & Diplomacy December 08, 6:22
Russian envoy says relations with NATO started deteriorating long before Ukrainian crisisRussian Politics & Diplomacy December 08, 4:55
Contact Group agrees to settle water cuts issue in Lugansk within 7 days ― OSCE envoyWorld December 08, 2:58
Glencore expects deal on purchasing stake in Rosneft to close in mid-DecemberBusiness & Economy December 08, 2:03
Italian Prime Minister Renzi officially resignsWorld December 08, 1:27
43 ceasefire violations reported in Syria in 24 hours ― Russian Defense MinistryWorld December 08, 1:16
One reconciliation agreement signed in Syria in 24 hours ― Russian Defense MinistryWorld December 08, 0:26
NICOSIA, November 20. /TASS/. Dozens of Bank of Cyprus defrauded bondholders staged riots near its headquarters where the bank’s shareholders are holding an annual meeting on Thursday.
A small group of protesters managed to burst into the bank’s lobby but was edged out by the police and the bank’s security guards. The demonstrators came to clash with the police and started to throw stones into the bank’s building.
The Bank of Cyprus annual shareholders’ meeting is electing a new board of directors over a new line-up of forces in the island’s largest and systemically important bank after it floated 1 billion euros worth of new shares in summer.
Before the bank opened its annual shareholders’ meeting, dozens of people came to the bank’s building to protest against losing all of their funds after the Cypriot government reached an agreement with international creditors on deposit haircuts and restructuring at the island nation’s two largest lenders in March 2013.
The demonstrators expressed their protest against the policies pursued by the bank and the local authorities, due to which they currently have no say in the bank’s decisions and have actually lost a possibility to return at least a part of their funds lost as a result of deposit restructuring.