Cyprus’ Interior Ministry is to re-evaluate all applications for naturalization submitted up until 2018 to detect whether a Cypriot passport was given to a foreign national with a dubious background. The move comes after Reuters reported that members of the Cambodian political elite are holders of a Cyprus passport. Interior Minister Constantinos Petrides told CNA
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Total deposits in Cyprus banks recorded a net increase of €304.1 mln in September compared with a net decrease of €61.4 mln in August. The annual growth rate reached 2.7% from 1.6% in August 2019 with the amount of deposits reaching €48.86 bln in September from €48.45 bln, according to Cyprus Central Bank data. Cypriot
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Two men were killed when their small plane crashed near an airfield close to the village of Lefkoniko in the Turkish-held northern part of Cyprus. According to reports, the light aircraft belonged to the Turkish Cypriot air sports federation and it crashed in a field during a training flight just before 1 pm on Tuesday.
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Cyprus’ government reaffirmed its commitment to “modernise” the state by pushing through a package of reforms which include speedier justice and less bureaucracy. President Nicos Anastasiades wants to carry out the reform programme as a priority and is asking both his associates and the leaders of the political parties, with whom he has recently launched
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The Council of Europe expects the Nicosia Convention on Offences against Cultural Property to gain momentum with more countries ratifying it, allowing the international treaty to come into force. Last week, a two-day Conference was held in Cyprus to promote what is known as the Nicosia Convention, aiming to raise awareness and promote shared efforts
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Cyprus’ Economic Sentiment Indicator declined by 2.9 points in October from September due to confidence deterioration in most sectors, the University of Cyprus Economic Research Centre (ERC) said. The decrease resulted mainly from a weakening of business confidence among firms in services and a deterioration of economic confidence among consumers According to the ERC, the
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. By Spiros Sideris As the Balkans and the eastern Mediterranean find themselves in the middle of a breakdown and with tensions constantly arising, though they constitute areas of the utmost priority for Greek interests and its foreign policy, yet it appears as if they did not make the cut into the Greek government’s agenda. The
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The Cyprus Stock Exchange wants to shed its loser image by improving its game to support the economy ‘the way it should be doing’ with privatisation and creating new markets. The CSE board feels it’s time for the institution to make the leap towards privatisation, hoping that it will be pulled out of a
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Cyprus’ Ministry of Transport has a strategic plan to deal with Nicosia’s traffic congestion, including new road projects, while focusing on enhancing public transport with more bus routes and the introduction of smart technology. Transport Minister Vassiliki Anastassiadou presented her Ministry’s strategic plan dubbed as the Integrated Mobility Plan for Nicosia, which includes better public
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. Cyprus got an early taste this week as to how climate change is affecting the regional weather system and why the island is totally unprepared to protect itself from a mediocre downpour. Okay, the recent stormy weather was of an unusual variety ushering relatively extreme conditions which saw parts of Limassol resemble Venice on
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