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CYPRUS: When keeping secrets doesn’t fly

. There is an illusion in this country that Cypriots can run airlines and that our politicians know the way around the Cyprus problem. They get the benefit of the doubt every

22nd October 2018
Comment

PROPERTY: Long leases as an alternative to freeholds

. We are surprised by the response of a recent article regarding quality retirement homes with full facilities based on the American model of retirement homes.  In our article we referred that

21st October 2018
Comment

TRAVEL: Cyprus-Greece ferry route possible only with EU funding

While restoring a ferry link between Greece and Cyprus is gathering pace, the financial aspect of the project makes clear that it cannot go ahead without support from Brussels. As things stand,

21st October 2018
Cyprus

CYPRUS EDITORIAL: Company directors must take responsibility

. The collapse of Cobalt, the island’s first private airline in the post-Cyprus Airways era, may have been doomed from the moment that it inherited management and staff from the former state-owned

21st October 2018
Comment

CYPRUS: Couple plunge to their death near Baths of Aphrodite

A couple believed to be tourists died on Saturday after their rental car plunged 30 metres down a cliff near the popular Baths of Aphrodite site in Paphos, Cypriot authorities said. Police

20th October 2018
Cyprus

CYPRUS: Mushrooming Limassol towers are \’unsustainable\’

Limassol Municipality’s plans to develop public land in the heart of the town has reignited criticism of the authorities over the number of high-rises being built along the coast. Critics argue that

20th October 2018
Cyprus

ECONOMY: Fitch also raises Cyprus credit rating to investment grade

Fitch is the second international ratings agency to elevate Cyprus' credit rating back into investment grade more than five years after a banking crisis drove it to the edge of bankruptcy. Fitch

20th October 2018
Cyprus

FINANCE: More EU regulations would hinder Cyprus banks

Additional regulations will be especially damaging for small banks in the EU, including Cyprus, Josef Ackermann, Chairman of the Bank of Cyprus said. Addressing Friday’s 9th Limassol Economic Forum, Ackermann referred to

19th October 2018
Cyprus

CYPRUS: Cobalt Air shuts down but wants second chance

Collapsed Cypriot airline Cobalt Air said Friday it wanted more time to find investors after the aviation authorities revoked its license following the indefinite suspension of all flights. “We wanted more time,

19th October 2018
Cyprus

CYPRUS: Clocks go back on October 28 as summer time ends

Summer time will officially end on Sunday, October 28 when the clocks will go back one hour at 4.00 am, the government announced Friday. The hour change will take place across the

19th October 2018
Cyprus
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