The security relationship between the U.S. and Cyprus continues to grow and Washington sees Cyprus as a “key partner” in the eastern Mediterranean, the American ambassador said on Wednesday, following a partial lifting of a 33-year arms embargo. Judith Garber said that the temporary waiving of the arms embargo on Cyprus for “non-lethal” and defensive
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Cyprus President Nicos Anastasiades said he will ask the Attorney-General to appoint an investigating committee to conduct a probe into the citizenship by investment programme following damning allegations. In a written statement on Wednesday, Anastasiades expressed regret over the turn of events as a result of recent reports by Al Jazeera that Cyprus had granted
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Friends of Cyprus in the US Congress, Greek and Jewish American organizations welcomed the decision of US Secretary of State Mike Pompeo to waive restrictions allowing the export of non-lethal defence articles to Nicosia. The decision is part of the Eastern Mediterranean Security and Energy Partnership Act of 2019, a law that provides a comprehensive
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Last month, Cyprus witnessed the hottest August on record with the daily average temperature recorded in Nicosia reaching a blistering 39.5 degrees Celsius. The second highest daily average for the month was recorded in August 2010 when average temperatures recorded standing at 39.3֯ C. August 2010 included the hottest day ever recorded in Cyprus with
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The United States will lift a 33-year arms embargo on Cyprus and deepen its security cooperation with Nicosia, U.S. Secretary of State Mike Pompeo said, prompting an angry response from Turkey. Washington placed restrictions on the transfer of arms to Cyprus in 1987 to encourage reunification efforts and avoid an arms race on the island.
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Hellenic Bank announced that CEO Ioannis Matsis has stepped down after three years in the job at the second largest Cyprus lender and that his employment agreement “has been mutually agreed to be terminated with immediate effect.” The bank said in a statement issued on the Cyprus Stock Exchange on Tuesday that it will commence
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Norwegian-Cypriot shipping tycoon John Fredriksen has appointed a close associate to take the helm of the salmon-to-shipping empire Seatankers Group, as the family “seeks other emerging business opportunities”. Tor Andre Svelland, 53, is the holding company’s new chief executive, an appointment that came from within the group, as the UK-based fund manager was already on
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The Cyprus health authorities announced Tuesday that an elderly man died due to Covid-19, raising the number of deaths directly related to the coronavirus to 21, and deaths among patients who contracted SARS-Cov-2 to 28. The 77 year old man reportedly had underlying health issues and was being treated at the Famagusta General hospital. In
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The leaders of the Cypriot, Armenian, Kurdish and Egyptian diasporas in the UK have written to Prime Minister Boris Johnson urging him to “incentivise” Ankara to end its destabilising actions in the Eastern Mediterranean. They said in a letter that Turkey has increasingly become a “destructive force” in the Eastern Mediterranean and the wider region,
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Cyprus has started licking its wounds in the aftermath of the coronavirus pandemic as damage to its economy are becoming evident as GDP shrank 11.9% in the second quarter. Data released by the statistical service give the first indications of the size of the bombshell, as Cyprus’ annual GDP shrunk by €800 mln in Q2
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