Greece supports Cyprus in seeking targeted sanctions against Turkey for violating its territorial water in exploratory gas drilling, Greek Foreign Ministry spokesperson Alexandros Gennimatas said on Friday. Gennimatas was replying to a
By Han Tan, Market Analyst at FXTM Asian stocks and currencies are set to enjoy some relief before the end of the trading week, taking their cue from Wall Street’s advances on
The 2020/2021 Premier League is already underway in what is shaping up to be an exciting season as the league tries to fit in a full season despite a delay due to
EuroAsia Interconnector, the Israel-Cyprus-Greece cable that will transmit 1,000MW of electricity from the eastern Mediterranean to energy-hungry Europe, has recruited Nobel economics laureate Sir Christopher Pissarides to head its ‘economic council’ advisory
By Hussein Sayed, Chief Market Strategist at FXTM Equity markets sold off aggressively on Wednesday dragging the S&P 500 lower by 2.4%, while the index is now down nearly 9% from its
European Commission President Ursula von der Leyen has told Turkish President Recep Tayyip Erdogan the EU will take measures if there is no de-escalation of tensions and an end to Turkey’s illegal
Registering halloumi as a product of protected designation of origin (PDO) has languished for over five years in EU corridors due to Cyprus problem politics. An EU representative said the registration of
Under fire, Cyprus insists it does not oppose sanctions against Belarus but wants similar measures levied on Turkey for its illegal activity in the eastern Mediterranean. Nicosia has caused disunity in the
Gold remains the most sought after metal for various purposes with new markets emerging around the world. With the demand for various uses, gold for jewellery and investment continues to dominate. According
Seven founding members of the East Mediterranean Gas Forum (EMGF) signed Tuesday during an online ceremony the statute establishing the body as a regional intergovernmental forum based in Cairo. EMGF founding members
