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CYPRUS: Public sector contract staff to stage work stoppages

Some 2,800 civil servants, members of the newly founded Equality union (Isotita) are to stage  two-hour work stoppages on three consecutive days at 10 am from May 8 over unfair treatment. The

7th May 2019
Business

CYPRUS: Religious relic saved from German auction to be handed back

A casket with the relics of saints originally from St Mamas church in Morphou will be returned to its rightful owner, the Bishopric of Morphou, on May 14 a German auction house

7th May 2019
Cyprus

Why the EU should not rush toward further integration

. TWO votes – for Brexit in the UK and Emmanuel Macron in France – seemed likely to breathe life into what is still often called the European project. With troublesome Britain

7th May 2019
Comment

CYPRUS: New Police Chief apologises for serial killings

Cyprus Police new Chief Kypros Michaelides when assuming command on Tuesday, apologised on behalf of the force to the families of a serial killer who claimed the lives of 5 women and

7th May 2019
Cyprus

ENERGY: Cyprus slams Turkish activities in its EEZ as \\\’second invasion\\\’

President Nicos Anastasiades said Turkish activities in Cyprus’ Exclusive Economic Zone are akin to “a second invasion” of the island noting his government is monitoring the situation with a vigilant eye. He

7th May 2019
Cyprus

CYPRUS: Commercial and shipping court to be established

The Cabinet backed draft legislation to establish a commercial and shipping court to speed up the island’s notoriously slow justice system, especially for business disputes, said outgoing Justice Minister Ionas Nicolaou on

6th May 2019
Business

CYPRUS: State acquires 309 defunct Co-op properties worth EUR 82 mln

The government has acquired 309 properties worth EUR 82 mln that once belonged to the Co-op Bank from the state-owned Cyprus Asset Management Company (Kedipes). Kedipes was established following the sale of

6th May 2019
Business

ENERGY: Tajani tells Turkey to stop illegal drilling operations in Cyprus EEZ

European Parliament President Antonio Tajani on Monday urged Turkey to immediately halt its illegal drilling operations within Cyprus waters as the international community got behind Nicosia. He joins Brussels, Washington, France, Israel

6th May 2019
Cyprus

CYPRUS: Registered unemployed hits a new nine-year low

Based on seasonally adjusted data that show the trend of unemployment, the number of registered unemployed for April decreased to 23,031 persons from 23,548 in the previous month. This figures marks the

6th May 2019
Business

CYPRUS: Economic sentiment improved in April to stem recent decline

Economic Sentiment improved in April for the first time this year due to stronger business confidence in the services sector along with a milder upswing in industry and among consumers, the University

6th May 2019
Business
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Latest News

  • WTI hits 6-week high of $86, as supply concerns rise
  • WTI rally slows down as Tehran leaves door open to diplomacy
  • Cyprus NPLs drop marginally to €830 mln
  • Gold under pressure on inflation, Iraq supplies, Iran crisis
  • Burnham should keep Miliband “out of the Treasury”

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Popular

WTI hits 6-week high of $86, as supply concerns rise

Oil prices continue rallying on Wednesday as hostilities in Iran

WTI rally slows down as Tehran leaves door open to diplomacy

West Texas Intermediate traded around $81.30 on Monday, down 0.54%

Cyprus NPLs drop marginally to €830 mln

Non-performing loans in Cyprus remained almost unchanged at €830 mln

Gold under pressure on inflation, Iraq supplies, Iran crisis

Gold is down 0.7% to near $4,030 in European trading

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