Follow Cyprus Immigration and stay updated on the Cyprus economy: Cyprus President Nicos Anastasiades stated that the situation of Cyprus banks is now very stable and there is no need for "excessive protection."

During his visit to Paris, France, Anastasiades stated his intention to end capital control measures on the banking sector.
Anastasiades believes that it is very unfortunate that the Greek government was forced to shut down the state-run television station. He noted that Cyprus will not follow suit and is unwilling to comment further on the friendly Greek government.



