As reunification talks seem to be going nowhere, confidence building measures (CBMs) to rebuild trust like Green Line trade has also stagnated. One of the most important CMBs in encouraging people-to-people contact
Cyprus’ banking sector has the sixth highest Liquidity Coverage ratio (LCR) in the EU, exceeding 200%, a European Bank Authority (EBA) report shows. The EBA report on liquidity measures notes that EU
Cypriot consumers are in uproar over new increases in the price of electricity while environmentalists blame the situation on the government’s lack of a green energy policy. The price hike comes on
Businessman Photos Photiades, better known for starting the first Carlsberg brewery outside Denmark in 1969, died on Friday, aged 98. The patriarchal head of the Ph. Photiades Group started his professional
US energy giant ExxonMobil said on Friday it plans to begin test drilling for hydrocarbons offshore Cyprus later this year despite Turkey warning international firms against such moves. “Our plan is to
Ankara has warned international energy companies not to bid for an exploration license in block 7 offshore Cyprus, claiming it belongs to Turkey. Turkey has reacted angrily to a decision by Nicosia
Hydrocarbons can be a catalyst for enhanced regional stability and should serve as an incentive to reach a Cyprus settlement, said Judith Gail Garber, nominee for US Ambassador in Nicosia. Garber told
The first Cyprus Film Summit will be held in Nicosia on 10 October, bringing together 120 participants from around the world to promote the island as a film destination. The Summit is
Cypriot employers are showing more trust towards graduates from local Universities despite many students going abroad to study, according to a survey conducted with the participation of 740 businesses. According to the
The Turkish Cypriot Mufti says precious Greek Orthodox icons dumped in a castle for 44 years should be returned to the Church of Cyprus. “The icons in Kyrenia Castle belong to the
