Turkish Cypriots are eyeing a transition to the euro as the tumbling Turkish Lira is destroying their economy as they see their earnings vanish while inflation spirals. As prices for essential goods spike, economists in the Turkish occupied north favour ditching the Turkish Lira for the euro, however, but this would politicians taking Turley head-on.
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For Cyprus, the Russian-Turkish relations have a particular interest for two reasons. First, because of the positive stance of Russia on the Cyprus problem, which annoys Turkey, and second, because of the existing agreements and disagreements between the two countries on a variety of issues. To comprehend their meaning, we should look at them through
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Cyprus will roll out a vaccination program for children aged five to eleven next week, announced the Health Ministry’s permanent secretary Christina Yiannaki. Presenting the ministry’s vaccination program, Yiannaki said the authorities would be receiving the first batch of Pfizer vaccines for children on Monday. The vaccines are designed for children under 12, administered at
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For the past 15 years, I have expressed views on the need to tax vacant building plots and development land which is not in any use. Approximately 40% of the development land in Cyprus is vacant, while at the same time, there is a shortage of development land for sale, pushing prices to high levels,
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Cyprus reported an increase in new daily infections to 662, with hospitalisations dropping marginally to 138 and no Covid-related deaths. After six deaths this week, the death toll since the pandemic started remained unchanged at 607, ten of which in December. Daily infections rose to 662, from Thursday’s 635 and reaching Monday’s recent high of
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US giant ExxonMobil and Qatar Energy Friday signed an exploration and production-sharing contract for oil and gas in Cyprus’ Exclusive Economic Zone (EEZ) despite Turkey’s opposition to the deal. The contract was signed by Cypriot Energy Minister Natasa Pilides and Varnavas Theodosiou, CEO of ExxonMobil Cyprus and Ali al Mana, Director of Qatar Energy’s International
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For the last couple of years, TikTok’s stature as a social media platform has grown rapidly, and is now a household name despite the presence of social media giants like Facebook and Twitter. In the second half of 2021, TikTok boasted that it joined the elite club of social media applications to reach one billion
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Cyprus’ cumulative 14-day diagnosis rate (per 100,000) as of December 6 stands at 752.8, while over a million rapid tests were carried out during that period, amid fears that the arrival of the Omicron variant, found on Friday, could push numbers even higher. Cyprus’ COVID infections are on the rise as the two-week cumulative case
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Venus Minerals’ most recent appraisal drilling in Kokkinoyia revealed that the project’s tonnage is three times higher than expected. According to the company’s updated Mineral Resource Estimate for Kokkinoyia, the project’s estimated overall tonnage has increased by 240% compared to historical assay data, while the resource classification of some zones of mineralisation has been upgraded
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Cyprus has become the latest country where the highly infectious Omicron, the new COVID-19 variant, has been detected. The Health Ministry said Friday it had identified three cases of the Omicron variant in Limassol. “All incidents have a travel history and were located in the district of Limassol. None of the three cases requires hospitalisation,”
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