There are some things you can see coming your way from next year while other events will happen totally out of the blue, the same counts for what Cyprus can expect. It is human nature to want bigger and better for the future, it’s how we are wired, so we will presumably want more from
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US Secretary of State Michael Pompeo will put Washington’s weight behind UN-facilitated Cypriot-led efforts to reunify Cyprus as a bizonal, bicommunal federation during his landmark visit on January 7. The State Department announced that Pompeo will travel to Kyiv, Ukraine; Minsk, Belarus; Nur-Sultan, Kazakhstan; Tashkent, Uzbekistan; and Nicosia from January 3-7. Cyprus will be the
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Tourism stakeholders are hoping to put Limassol on the cruise holiday map as the number of tourists visiting the city on cruise liners has increased at an impressive rate during the year. According to DP World Limassol, the port operator, 93 cruise ships have made calls at Limassol port in 2019, an increase of 40%
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Motorists are in for a nasty shock in 2020 as fuel prices are expected to go up by 6-7-euro cents a litre due to Cyprus failing to meet EU targets on its biofuel mix, said the Petrol Station Owners Association. The price spike has nothing to do with them, Association President Stefanos Stefanou told Astra
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Monthly earnings of employees in the third quarter of 2019 increased by 3% on an annual basis but there is still a gender pay gap, provisional data by the Cyprus Statistical Service show. Based on the provisional data, the average gross monthly earnings of employees during Q3 2019, amounted to €1,878 compared to €1,822 in
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Two Cypriots were remanded in police custody on Monday suspected of stealing a box containing the ashes of a Swedish teenager from a car in Limassol as his parents were looking for somewhere to scatter them. The wooden box, containing the teenager’s ashes was found on Sunday evening in an open area near the Limassol
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A Cyprus court ruled on Monday that a British teenager was guilty of falsely claiming being gang-raped by 12 Israeli tourists, arguing she was not coerced by police into changing her mind. Famagusta district court judge Michalis Papathanasiou said in his verdict that the 19-year-old’s claim she was pressured into changing her statement was “completely
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As we approach the end of 2019 it is always a good idea to look back at the year, evaluate the performance of our economy, but at the same time consider what lies ahead in the New Year. What are the prospects, opportunities, as well as risks for 2020? The year that just passed has
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By Dr Nicos Koussis Seven years after the financial crisis that severely hit the banking sector and Cyprus receiving a €10 bln international bailout, the economy has for many, exhibited a remarkable recovery. Cyprus has managed to reduce unemployment from 13% in 2016 to 7% as of the end of 2019, reduce bank vulnerabilities (e.g.
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US Secretary of State Mike Pompeo is expected to visit Cyprus during the first week of January in the last leg of a trip he will make to Asia. The official announcement of the visit is expected to be made by the US State Department on Monday. Pompeo will be leaving the US just after
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