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CYPRUS: Work starts in Larnaca on Radisson’s first Beach Resort worldwide

Aiming to welcome its first guests in the autumn of 2019, construction work for the full renovation and expansion of the Princess has commenced to transform the existing hotel into the Radisson

4th November 2018
Cyprus

EDITORIAL: Is Cyprus bridging the digital divide?

. Nothing in Cyprus is ever achieved if the private sector initiative is not an integral part of its development and implementation, with all the benefits or ills this may entail. Which

4th November 2018
Comment

Brexit: Residence rights of UK nationals in Cyprus

. By Theodoros Mantis On 23 June 2016, the majority of the UK's electorate voted to leave the European Union.  As a result, "Brexit" is expected to become effective on 29 March

3rd November 2018
Comment

CYPRUS: \’Golden Visa\’ scheme discriminates against resellers who need to pay off NPLs

. By Alecos Vilanos The two schemes introduced by the Cyprus Government for obtaining passports and issuing of the Golden Visa serve the few and chosen. The primary condition that the purchase

3rd November 2018
Comment

ECONOMY: More Greek companies eye Cyprus for business

Cyprus has become an attractive destination for Greek firms seeking a friendlier business climate, with 77% more companies opting to register a subsidiary or relocate to the island since 2012. Registrations of

3rd November 2018
Cyprus

ENERGY: Cyprus urges Turkey to be regional partner

Cyprus has called on Turkey to join the energy alliance of neighbouring states in the Eastern Mediterranean or risk missing out. “We continue to upgrade our energy cooperation with countries in the

2nd November 2018
Cyprus

CYPRUS: Laiki four avoid prison and walk away with fines

Four former executives of defunct Laiki Bank were fined on Friday after being found guilty of manipulating the market, leaking false or misleading information and concealing information from the public. The Nicosia

2nd November 2018
Cyprus

POLITICS: Hope is not enough for a Cyprus settlement

Hope remains for a Cyprus settlement, but that is not enough, said UN Head of Mission Elizabeth Spehar at the Economist conference in Nicosia. Spehar told the conference that the period since

2nd November 2018
Cyprus

ENVIRONMENT: Cyprus faces significant challenges for renewable energy

Despite substantial interest, the ability to link renewable sources of energy to Cyprus’ electricity grid remains limited due to a shortage of electricity storage systems, Energy Minister George Lakkotrypis has conceded.  Speaking

2nd November 2018
Cyprus

CYPRUS: Revenue from ship management climbs to a five-year high

Revenue generated by the Cyprus ship management industry in the first half of 2018 amounted to €506 mln, or 5.1% of GDP, the highest level since 2013. Income increased by €30 mln

2nd November 2018
Cyprus
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