Cyprus and Greece vowed Tuesday that no faits accomplis could be accepted on the island, nor any solutions favouring partition as Turkey demands. Foreign Minister Constantinos Kombos and his Greek counterpart Giorgos Gerapetritis held a joint press conference in Nicosia after the Greek diplomat’s first overseas visit since his appointment. “We are not going to
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Cypriot authorities intercepted a boat carrying 20 Syrian migrants off the island’s southern coast at Cape Greco, Ayia Napa and brought safely to shore. Police said that members of the coastguard were alerted after radar spotted the presence of a small boat carrying a number of refugees just off Cape Greco at around 9 pm
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The Labour Ministry will review regulations governing retail shops’ operating hours, including the right to remain open on Sundays, 10 years after its introduction. Following a meeting with the small shopkeepers’ union POVEK on Monday, Labour Minister Yiannis Panayiotou said the matter would be reviewed in consultation with all stakeholders. Panayiotou’s comments essentially reopen the
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The Central Bank of Cyprus said it would accept requests for reduced legal costs in lawsuits filed by bondholders of the Bank of Cyprus or Laiki Bank, who saw their savings wiped out during the 2013 financial crisis. According to the CBC, the requests concern lawsuits that have been submitted against it and are about to
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Revenue from the key tourism sector reached €418 mln in the first four months of 2023, marking an increase of 30% from last year and up 11.3% on the pre-Covid record-breaking 2019. According to the results of the Passenger Survey, revenue from tourism in April was €217.6 mln, up by 17.6% compared with April 2022,
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By Craig Erlam We may be seeing a bit of a trading lull at the start of the week with Tuesday’s US bank holiday tempting many into an extended weekend. The economic calendar looks busy but with a large portion being PMI revisions, that doesn’t necessarily equate to an abundance of trading activity. The revisions
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Approximately €8 mln worth of cheap energy produced by Renewable Energy Sources will be rejected by the island’s grid by the end of the year, as it cannot handle the excess load, according to stakeholders. According to data from the Association of Licensed Electrical Contractors of Cyprus, the grid has rejected energy worth €2 million
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British Bases police are continuing investigations into a marine accident between two jet skis driven by Ukrainian parents that claimed the life of their 6-year-old daughter. The incident occurred on Saturday evening off the coast at Lady’s Mile beach, where the girl had been on a yacht with her parents. Reportedly, the 6-year-old girl was
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A 2.5 magnitude earthquake on Monday shook Larnaca, but there was no structural damage or injuries, reported the Cyprus Seismological Centre. The mild earthquake was felt in Larnaca on Monday at 1.03 pm, the geological survey department said in an announcement, confirming earlier reports by the European-Mediterranean Seismological Centre (EMSC). According to the local seismological
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Commissioner for Gender Equality, Josie Christodoulou said that gender gap issues in Cyprus need urgent improvement. She held her first meeting with contact points of all ministries and deputy ministries, aiming at integrating the gender dimension into the state machinery. The Commissioner presented the mission and priorities of her Office, stressing that equality between women and men
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