Energy-for-peace potential

Despite the election rhetoric about energy being a catalyst towards resolving the Cyprus problem, recent developments, especially during the past year, suggest that perhaps it is the only key to finding a

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Paphos bishop new Church leader

Paphos Bishop Georgios was elected Saturday as the new archbishop by the Cyprus Orthodox Church’s ruling body following the death of his predecessor last month. A majority of 11 votes appointed the

COVID19: Four deaths, fewer cases

Cyprus reported four COVID-19 deaths this week and a further drop in new infections, as health officials warn of an increase in new cases during Christmas gatherings, combined with other viruses affecting

ECB revokes RCB license

The European Central Bank (ECB) said it had withdrawn Cypriot lender RCB’s banking license months after the central bank restricted parts of its business. In March, RCB Bank struck a deal with

Drug squad chief cleared of corruption

Drug squad chief Michalis Katsounotos suspended over a recent corruption scandal, was cleared after the Attorney General said there was no evidence of any wrongdoing. Attorney General George Savvides and his assistant

Real estate sector thriving

Foreign investors have not lost their appetite for Cypriot properties, nor are they discouraged by a rise in interest rates, as sales doubled in the third quarter of 2022, compared to last

Shipping giant confirms Cyprus move

The move of tanker giants Frontline to Cyprus is now official as the company’s shareholders have backed the decision of their CEO and founder John Fredriksen to re-domicile in Limassol next year.