As the elections for the new Turkish Cypriot leader in April 2020 draws closer, parties in the occupied north of the island are preparing their campaign strategy. The main opposition party, left-wing Turkish Republican Party (CTP) is holding its ordinary general congress on Sunday which is expected to elect the party’s new assembly which will
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A majority of Cyprus hotels and hundreds of catering establishments operated without the necessary licenses in 2018, according to auditor general Odysseas Michaelides. Some 76% of Cyprus hotels and 38% of leisure enterprises were operating without a license, which poses risks to the safety and health of customers and employees, said the Auditor General in
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EU member Cyprus on Friday accused Turkey of defying the 28-member bloc by illegally conducting drilling operations inside the island’s continental shelf which it described as a “severe escalation”. “Cyprus strongly condemns Turkey’s new attempt to illegally conduct drilling operations in the south-west of the island,” said a government statement. “The new planned drilling, this
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Paphos-based Papantoniou Supermarkets is preparing to set up shop in the capital’s tough competitive market, aiming to take a piece of the pie from established giants. Sources told the Financial Mirror, construction work on the supermarket’s latest addition is picking up speed as it enters its final stages. The family-run supermarket chain is planning to
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. By Demetra Kalogerou The dynamic development of capital markets in Europe, resulting from companies’ increased need for alternative funding sources, as well as the technological advancements that consistently produce new financial products and services, have created an environment that offers opportunities for the investors and supervising authorities, but at the same time present risks.
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. By Stefan Nolte Liechtenstein, the world’s sixth smallest country, squeezed into the Alp-Rhine-Valley, is the only Principality in the world where a Constitutional Monarchy truly rules, based on a democratic foundation, meaning that the legislature cannot unilaterally change the laws of the country. The Princely House can however not change the laws
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Nicosia is closely monitoring the progression of Turkish drillship Yavuz that has re-entered Cyprus’ exclusive economic zone (EEZ). A government source told CNA that there is nothing to announce at the moment, while the final destination of the drillship remains unknown. “We are monitoring the situation; we are aware of what’s happening. At the moment
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Cyprus, Greece and Bulgaria, in a joint initiative, will intervene at EU level over the Eastern Mediterranean migration route at the Justice and Home Affairs Council on 7-8 October in Luxembourg. Aim of the ‘Eastern Mediterranean Migration Initiative (EMMI)’, is to highlight the big migration challenge faced by front-line countries of the Eastern Mediterranean. It
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Thomas Cook’s collapse is a warning for Cyprus to diversify its tourism model, by moving away from focusing on several key markets or relying on a few big tour operators to bring in tourists. Upon its collapse, the UK tour operator pulled a part of Cyprus tourism down with it as initial estimates show the
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The Arleigh Burke-class guided-missile destroyer USS Gonzalez has docked in Cyprus for a scheduled visit. It is currently deployed in support of US national security interests of the 6th Fleet. A statement said its presence in the Mediterranean is a demonstration of the United States' continued commitment to the collective security of the region. “The
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