Nicosia does not consider its agreement to temporarily station a rapid US response unit to evacuate US diplomatic missions and citizens, if needed, creates any problems for Cyprus’ security. An official source told CNA that the US request did not in any scenario have to do with using Cyprus for launching military operations. “The request
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Cyprus’ Residential Property Price Index recorded an increase of 0.5% in the second quarter of 2019, compared to the previous quarter and an increase of 2.8% annually. According to data released by the Central Bank of Cyprus (CBC), the index recorded an increase in all districts of Cyprus. Apartment prices increased by 1.1% quarter on
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The proportion of women aged 50-69 who were screened for breast cancer (mammography) within a two-year period was only 34.8% in Cyrus, the 4th lowest in the EU. The screening ranged from 0.2% in Romania (bottom) to 82.1% in Denmark (top), according to figures released today by Eurostat. Based on screening programmes, eight Member States
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France, Greece, Egypt and Cyprus declared “null and void” agreements between Ankara and Libya assigning Turkey maritime rights that encroaches on other eastern Mediterranean states. Turkey was also “strongly condemned” for continued drilling in the exclusive economic zone and territorial waters of the Republic of Cyprus, calling on Ankara to “immediately cease all illegal exploration
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An independent probe into how the police mishandled the cases of missing foreign women who were later found to be murdered by a serial killer is expected to find some 20 officers at fault. The Independent Authority for Complaints Against the Police is expected at the end of January to deliver its findings on police
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Cyprus water reservoirs have filled up in record time, according to the Water Development Department as all the island’s dams have never overflowed in January. One dam, after another, is overflowing with reservoirs rapidly reaching, as expected, their full capacity within the next few days as the downpour continues. The Water Development Department said on
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Investors should remain “cautious and consistent” as Iran retaliates against the U.S. for killing one of its most revered military generals. The message from Nigel Green, founder and CEO of deVere Group, comes as global financial markets roil on the news that an Iranian rocket attacked U.S. forces based in Iraq. “Geopolitical tensions are certainly
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Cyprus on Wednesday accepted a request from Washington to station a rapid response unit on the island in case US diplomatic missions or civilians need to be evacuated in the region following Iran’s missile strike. Cypriot government spokesman Kyriacos Koushos told reporters that the request was accepted “for exclusively humanitarian operations” as was official policy.
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By Lukman Otunuga, Senior Research Analyst at FXTM A tidal wave of risk aversion engulfed financial markets on Wednesday, after Iran launched retaliatory missile strikes against US forces in Iraq. Asian shares tumbled during early trade, while Gold punched above $1,600 as escalating tensions in the Middle East fuelled risk aversion and accelerated the flight
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Rates on deposits and loans followed mixed trends in November in the Cypriot banking system, data released by the Cyprus Central Bank show. The interest rate on deposits from households with an agreed maturity of up to one year recorded an increase to 0.16%, compared with 0.12% in the previous month. The corresponding interest rate
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