A Greek Cypriot mother and daughter arrested by Turkish Cypriot authorities after taking photos of the family home in Morphou they were forced to abandon during the Turkish invasion have been released. They were released from custody on Monday after being charged with tresapssing on a premises inside a military area. Their mobile phones were
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. We are almost reaching full employment, with the registered unemployed being around 6% (out of this number at least 30% are actually employed as black labour i.e. paid with cash no receipts while declaring themselves unemployed). At the same time the building industry is on the up, not only because of the towers
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. It is argued that a society should be judged on the way it treats animals when others will counter, it is how we care for the most vulnerable among us that conveys our true character. Surveying the evidence, Cyprus doesn’t appear to have the best reputation on both counts, found wanting when it comes
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Cyprus businesses are preparing for a hard Brexit in light of developments in the UK, with London adamant on leading Britain through the European Union exit door by 31 October with or without a deal. Particularly concerned about the effects on tourism, business associations, experts and hotels are preparing to face any scenarios that may
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. A new initiative, #EconomicDiplomaCY, is underway at the Foreign Ministry, led by open-minded individuals seeking alternative ways to promote Cyprus’ best interests and cultivate an out-of-the-box approach to often outdated norms. With the Republic of Cyprus having a threadbare arsenal of foreign policy weaponware to capture international public opinion, it has been an uphill
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Relatively small Astrobank’s agreement in principle to acquire the National Bank of Greece (Cyprus), signals that the country’s banking system is weathering a consolidation process, say experts. Following the collapse of Laiki Bank in 2013 and the demise of the Co-op last year with its sale to Hellenic Bank, the Cyprus banking system has shrunk
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The first phase of Cyprus Gas Company’s (DEFA) tender process for the supply of liquefied natural gas (LNG) has triggered considerable interest from major international players such as Shell, BP, Eni and Total. According to DEFA, 25 suppliers, among the most dominant in the global LNG market, are seeking to supply gas to Cyprus and
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Monday is to see the final stage of the absorption of the defunct Co-op within Hellenic Bank, with customer accounts being transferred to Hellenic’s systems, almost one year after the takeover. The completion will mark the transition of Hellenic Bank into a new era, with the operation of a single banking organization following the merger
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Cyprus plans to abolish initial ship registration fees in a bid to boost the Cypriot registry’s competitiveness and attract more vessels, Deputy Minister for Shipping Natasa Pilides said. Pilides briefed the parliamentary committee on Transport about new draft regulations approved by the cabinet for the registry’s new pricing policy which provides for rounding off fees,
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A valuable inscribed Cypriot tombstone was handed over to Cyprus during a gathering at the country’s Permanent Representation to the EU in Brussels. The antiquity was returned to Director of the Department of Cyprus Antiquities, Marina Solomidou-Ieronimidou in the presence of the Ambassador of Cyprus to Belgium, Elpidoforos Economou. Christiane Kooij had informed the ambassador
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