Cyprus banks have been struggling to regain public trust since the 2013 financial crisis, according to the latest Stockwatch survey of some 600 households. News site Stockwatch’s latest survey, conducted three times a year since 2013, revealed that Cypriot consumers’ trust in local banks has slightly improved compared to December 2021, from an overall 4.63
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Apollon Limassol clinched its fifth championship title after defeating Aris Limassol 4-1 to go 6 points clear at the top with one game to play. The club’s first championship title since 2006 was secured after closest rivals APOEL could only draw 1-1 at home to Anorthosis Famagusta. As a result, Apollon broadened the gap to
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The aim of Turkey is not to solve the issue of Greek Cypriot missing persons, but to hide and destroy all the evidence of their fate, said Presidential Commissioner Photis Photiou. He said Ankara would not provide evidence that proved the crimes the Turkish occupation army committed against the people of Cyprus in 1974. Photiou
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Meme-stock speculators are falling out of love with Bitcoin – and this could be good for the cryptocurrency market, as crypto assets were swept up in broad selling of riskier assets last week, said the CEO of a leading financial advisory and fintech. Crypto advocate Nigel Green, CEO and founder of the deVere Group, explained
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The Health Ministry on Monday warned the public that mask-wearing on flights and at Cyprus airports is still mandatory despite European Union guidelines ending the need for face-covering during air travel. Cyprus on Monday reminded the public that despite relaxations, including the scrapping of Safe Pass documents, an indoor mask mandate is still in effect.
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Labour Minister Zeta Emilianidou is in a serious condition after suffering a rupture of a cerebral aneurysm causing brain haemorrhage and was undergoing surgery in Athens on Monday. Government spokesperson Marios Pelekanos said that, on Sunday, Emilianidou, 67, was initially admitted to a private hospital in Nicosia. However, due to the seriousness of her condition,
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EU foreign ministers hope to agree on the sixth package of sanctions for Russia’s aggression against Ukraine, with states like Hungary and Cyprus unhappy over some measures. The most contentious issue is the ban on Russian oil imports, which Hungary opposes. It will be discussed at the Foreign Affairs Council (FAC) on Monday in Brussels. Hungary
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As the attack on Ukraine becomes entrenched, European politicians are finding it harder to sing from the greatest hits song sheet of sanctions against Russia. Going for the oligarchs was the easy option, as was making life difficult for Russian banks and the money flow, but stopping the energy stream to Europe is causing friction.
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Cypriots owning land in non-military areas inside the British Bases can sell or develop their property, following a milestone agreement between Cyprus and the UK. The British Bases are lifting restrictions on property development within non-military areas, allowing for business and tourism growth stunted for decades, with local authorities expecting an avalanche of applications. The
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Cyprus will be scrapping the Safe Pass entirely and halting free daily testing programs for COVID-19 from Sunday as the island returns to normality following two years of lockdowns and restrictions. On Sunday, people will be free to enter any venue without exhibiting proof of being vaccinated or tested for the coronavirus. A negative rapid
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