Andreas Soudjis, a Greek Cypriot peace activist held in the Turkish-occupied north on suspicion of espionage, will remain in jail for eleven more days after being convicted to one month in prison by a military court. Turkish Cypriot media outlet YeniDuzen reported on Tuesday that the court found Soudjis guilty of possessing five images of
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Cyprus health authorities will be rolling out an influenza vaccination campaign early October, following the expected arrival on Wednesday of some 170,000 jabs for the seasonal flu. A health ministry announcement said on Tuesday urged those in vulnerable groups to come forward for a flu shot, to avoid contracting the flu along with COVID-19. The
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US private equity firm Lone Star seems to have abandoned its interest in local lender Bank of Cyprus and will not be submitting a fourth takeover bid by Friday. LSF XI Investments LLC (Lone Star) informed the London Stock Exchange on Tuesday that it does not intend to make an offer for Bank of Cyprus,
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By Lukman Otunuga, Senior Research Analyst at FXTM European stocks crept higher on Tuesday, rebounding after a rocky start to the trading week as investors remained jittery over rising interest rates and risks of a global recession. Oil bulls made a return in the morning too, pushing the commodity over 2% higher after collapsing to
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The island’s only prison, with inmates during the last few decades including notorious murderers, corrupt public officials and international terrorists, will feature in a series that will air on the popular streaming service Netflix. One of the episodes in the documentary series on correctional facilities around the world that will premier on Wednesday, September 28,
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By Craig Erlam Stock markets have steadied in Asia and early European trades on Tuesday, but that does not reflect the mood in the markets at the moment so it may struggle to hold. The volatility in FX markets at the start of the week has been extreme, but it’s also been building for weeks
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Paphos Mayor Phedon Phedonos blasted what he called ‘third world conditions’ at the local airport, claiming operators failed to meet their commitments to upgrade infrastructure and services. He said tourists are being made to wait hours at outdoor facilities, exposed to the heat, as departure lounges can’t cater to the airport’s increased traffic during the
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Educators are concerned over the alarming rise of bullying at schools, asking authorities to step up efforts like extending security to secondary education. Secondary education teachers’ union OELMEK has asked the Education Ministry for security guards now employed at lyceums to be also present at gymnasiums (middle schools). OELMEK’s call follows a series of bullying
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By Craig Erlam Economic fears swept through the markets on Monday, with the UK taking a particular drubbing as the pound hit a record low against the dollar. Friday’s mini-budget has gone down like a lead balloon, much like the pound again Monday morning, and serious questions are already being asked about the economic competency
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Cyprus’ real estate sector is proving remarkably resilient, shrugging off the effects of hiking inflation as demand for housing units and office space continues to grow. The property market is backed by a heightened demand for housing projects, but stakeholders report interest in high-end office space has also taken off. In comments to the Financial
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