Greek Cypriots to accept Turkey compensation?

Is Varosha lost forever? A handful of Greek Cypriot refugees, thought to be from Varosha, are preparing to accept compensation payments from the Turkish Cypriot compensation commission set up in the north

The Cyprus government’s property liabilities

No money to pay potentially huge claims The government’s decision decades ago to treat Turkish Cypriot properties in the government-controlled areas as effectively having zero value could come back to haunt it

Kasoulides responds to Forbes’ Fantasy Island

Former Foreign Minister and MEP for DISY and the European Popular Party, Ioannis Kasoulides, has issued a statement in reply to a recent Forbes article Fantasy Island (04.04.2006). Kasoulides underlines that, while

Home prices rise in March by 0.4%

Average home price at CYP 85,896 In March 2006, the selling price of residential property in Cyprus recorded a marginal increase of 0.4% from February 2006 according to the latest results from

Tourism escapes jump in visa fees

Sometimes being a new member state has its advantages. Cyprus has managed to escape a large increase in visa fees for non-EU nationals that was agreed by EU ministers last week, thus

Brussels awaits CYTA-LTV verdict

The Competition Directorate General of the European Commission is eagerly awaiting the Cyprus Competition Commission’s final verdict regarding CYTA’s deal with LTV, which may be delayed due to the complex issues involved