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TRAVEL: SWISS launches flights from Geneva to Cyprus

Swiss International Air Lines (SWISS), which is part of the Lufthansa Group, has launched flights from Geneva, Switzerland to Larnaca, Cyprus. The route was inaugurated on July 3 and will be operated

3rd July 2019
Business

ECONOMY: Top Cyprus household expenditure is hotels and restaurants

Unlike most of Europe top of the household expenditure list in Cyprus is spending money on restaurants and hotels (17.5%) with housing and energy bills (15.4%) coming second. Household expenditure was mostly

3rd July 2019
Business

TRAVEL: Cyprus airports see 3.6% rise in passenger traffic in H1 2019

Cyprus airports saw a 3.6% increase in passenger traffic in the first six months to June compared to the same period last year, according to data from operator Hermes Airports. From January

3rd July 2019
Cyprus

Three heavy blows to Cyprus nature in undermining Natura 2000 network

. By Martin Hellicar At a time when nature is facing an unprecedented crisis, states now more than ever have an obligation to protect their Natura 2000 sites. In the case of

2nd July 2019
Comment

ENERGY: Cyprus ready to take legal action against second Turkish drillship

Cyprus threatens legal action if a second Turkish ship begins drilling inside the island’s exclusive economic zone as Ankara has warned it will do. In May, Cyprus issued around 20 international arrest

2nd July 2019
Cyprus

CYPRUS: Stray missile was an ‘isolated incident’

Nicosia is treating the stray missile hitting the Pentadaktylos mountain range as an isolated incident, arguing that Cyprus has the defence capability to shoot down any threat from the air. Defence Minister

2nd July 2019
Cyprus

TOURISM: Cyprus can\\\’t reduce airfares but it will attract more competition

Cyprus Transport Minister Vassiliki Anastassiadou told tourism sector stakeholders the government can’t bring airfares down, but it can offer incentives for airlines to fly to the island and create more competition. She

2nd July 2019
Business

EUROPE: Cyprus sees highest increase in industrial producer prices

Monthly industrial producer prices for energy and consumer goods rose sharpest in Cyprus at 2.4% the largest hike in the EU. In May 2019, compared with April, industrial producer prices fell by

2nd July 2019
Business

MARKETS: Risk sentiment cautious as trade truce paints illusion of stability

By Lukman Otunuga, Research Analyst at FXTM Some semblance of stability returned to financial markets on Monday as investors breathed a collective sigh of relief after US-China trade talks during the G20

2nd July 2019
Business

Cyprus: Government finally launches tender to re-introduce traffic cameras

Twelve years since dismantling its national traffic camera network due to a series of technical and legal issues, Cyprus has made a call for tenders to reintroduce them. Minister of Transport Vassiliki

2nd July 2019
Cyprus
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