Turkey violates Cypriot airspace

Turkey violated Cypriot airspace over the weekend in an apparent response to the military exercise “Nikiforos” which the Cyprus National Guard is currently undertaking for the first time in four years but

Former Cyprus AG Nikitas passes away

Cyprus Former Attorney General Solon Nikitas passed away on Saturday at the age of 68. Nikitas was sworn in as Attorney General in April 2003. In a rare move for Cyprus, Nikitas

CAIR pilots reject rescue plan

The Cyprus Airways pilots union PASIPY rejected the rescue plan submitted by the Board of Directors aimed at cutting costs, explaining that the plan was inconclusive and did not meet their minimum

JCC accused of price fixing

JCC Payments Systems, the monopoly entrusted with the task of credit card clearing has been charged by the Competition Committee for violation of articles of the Competitive law, operating in a monopolistic

BOC price on ASE below CSE

The price of Bank of Cyprus shares trading on the Athens Stock Exchange tumbled 2.94% on Monday to end at EUR 4.62 or CYP 2.65, which was six cents below the close

UBS issues buy on BOC

UBS has started coverage of the shares of Bank of Cyprus with a “buy” recommendation and a price target of CYP 3.72, which is 37% above the Monday closing price of CYP

US denies Cyprus NATO bases report

The US Embassy in Nicosia issued a strong rejection of claims reported in the Greek Cypriot press, citing an article from the Turkish newspaper Yeni Safak, which said that the U.S. intends