Cyprus football’s credibility has taken another blow as Omonia Nicosia plans to call on the European and world football governing bodies UEFA and FIFA to intervene against corruption in the local game. Omonia wants UEFA and FIFA to investigate the matter and in the meanwhile suspend Cypriot teams from all international competition. Omonia FC said
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UN Secretary General Antonio Guterres has recommended the Security Council extend the UN peacekeeping force in Cyprus mandate for another six months, until July 31. He reiterated his commitment to exploring with Cyprus President Nicos Anastasiades, Turkish Cypriot leader Mustafa Akinci and the guarantor powers (Greece, UK and Turkey) the possibility to convene an informal
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The second phase of the General Health Scheme introduced last June comes a step closer to being realised as private hospitals and clinics have come to an initial agreement with the government. The Association of Private Hospitals (PASIN) has agreed on a memorandum of understanding on how private hospitals are to be financially rewarded for
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One of the world’s longest water pipelines carrying reserves from Turkey to the Turkish occupied north of Cyprus has sustained serious damage after it snapped. Turkish authorities said the water supply to the north through the pipeline has come to a halt. According to Turkish online newspaper T24, a section of the 80-kilometre water pipeline
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Momentum in the Cyprus real estate market will continue to grow fostered by renewed local and foreign investment recorded, President Nicos Anastasiades said. Addressing a ceremony for the 2019 State Architecture Awards, Anastasiades assured that “our primary concern is to support efforts aiming to upgrade the natural and structured landscape and to further boost the
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The value of bounced cheques issued in Cyprus during 2019 declined to €1.41 mln marking a new all-time low since 2003 when the Central Bank’s Central Information Register (CIR) for bad cheques commenced operation. According to official data, in 2019 the number of bounced cheques placed in the CIR’s preliminary list amounted to 914, compared
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Pope Francis has expressed his support for efforts to reunify divided Cyprus as it is one of Europe’s “frozen conflicts” that has persisted over time. Addressing the annual ceremony for the exchange of New Year greetings with the diplomatic corps accredited to the Vatican, the Pope stressed the importance of dialogue and respect of international
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President Nicos Anastasiades said current events which “fully justify extending the presence of the peacekeeping force in Cyprus” will be included in the UN Secretary-General’s report on UNFICYP. Anastasiades on Thursday met Elizabeth Spehar, the UN Secretary-General`s Special Representative in Cyprus and Head of UNFICYP. Anastasiades said he had a very useful and constructive meeting
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Cyprus Deputy Ministry of Tourism has drawn up a 10-year strategic plan aiming to place Cyprus amongst the world’s top 30 tourist destinations. The National Strategy Plan was submitted to the cabinet on Wednesday with Tourism Minister Savvas Perdios appearing confident that the project will see Cyprus tourism contribution to the local economy grow by
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By Hussein Sayed, Chief Market Strategist at FXTM In less than 24 hours, investors did a U-turn from their initial defensive positioning to risk taking and markets rallying. On late Tuesday, Oil prices surged above $71, Gold topped $1,600, safe haven currencies rallied and US 10-year Treasury Bond yields fell to their lowest levels
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