By Cyril Widdershoven The East Med-Turkey confrontation, which has heated up over the last few days after Ankara’s new offshore drilling in Cyprus announcement, could reap the rewards of the Berlin Conference
Car sales were down by 7.1% in 2019 compared to the previous year with dealers calling on the government to push the much-awaited scrappage incentive package to revive the stagnated market. After
Cyprus welcomed a record 3.97 million tourists last year, smashing the previous record set in 2018 by a slender 1%, official figures show. Against the odds, Cyprus has recovered from airline closures
The Greek Foreign Ministry strongly condemns Turkey’s planned drilling within Cyprus’ Exclusive Economic Zone (EEZ) and continental shelf, saying Ankara’s illegal actions neither have legal effect nor create fait accompli. In a
By Hussein Sayed, Chief Market Strategist at FXTM Three weeks into the new year and equity bulls remain well in control. Wall Street continued to post new all-time highs with the
Cyprus on Sunday accused Turkey of “piracy” after Ankara announced new plans to drill for oil and gas in the divided island’s maritime zone, a move escalating tension despite the threat of
By Antonis Loizou From time to time it comes to our attention either through our own experience or through information from our readers, various situations that can only be described as “odd”.
Cyprus has paid off early an International Monetary Fund loan that was part of a €10 bln rescue package in 2013 from lenders to save the island’s banking system, with analysts praising
When the energy ministers of seven states signed the foundation charter this week to elevate the East Med Gas Forum from a discussion platform to a fully-fledged body of cooperation, few realised
A government decision to include subsidies for used vehicles in a scrappage scheme has importers of new cars fuming over the inclusion saying it defeats the purpose of protecting the environment from