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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For the first time, the European Community Shipowners’ Associations (ECSA), has elected a Cypriot as its Vice-President for the next two years in recognition of the role Cyprus plays in the global industry. Cyprus Shipping Chamber President Philippos Philis was unanimously elected as vice-president of the during a board of directors meeting held in Athens.
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EU Health Commissioner-designate Stella Kyriakides gave an ‘admirable’ performance during the parliamentary hearing in Brussels on Tuesday, with the health issues activist grilled by members of the European Parliament, who have already rejected two candidates. "Stella Kyriakides performed admirably during her hearing before the European Parliament this evening. She was thoroughly convincing and demonstrated her
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Euro-area growth is expected to remain weak in the rest of 2019, with the slowdown driven by weakness in industry and global trade, according to DBRS Ratings. Notable factors that have weighed on EA exports include Brexit-related uncertainty and the Chinese economic slowdown, the rating agency said in its latest macro update of view and
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Bank of Cyprus is preparing an early retirement plan for 400 staff which is to be presented before some 3,700 employees, confirming rumours circulating since July. The bank’s plan is the fourth exit scheme prepared by the bank since the financial crisis of 2013 and its subsequent bail-in by depositors. BoC’s plans were confirmed by
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The parliamentary hearings for EU Health Commissioner-designate Stella Kyriakides will be held in Brussels on Tuesday, with the health issues activist expected to be grilled by members of the European Parliament at 6.30pm local time, who have already rejected two candidates. Incoming EU Commission chief Ursula von der Leyen assigned Kyriakides the key portfolio of
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Cyprus President Nicos Anastasiades gave pardons to 21 convicts on the occasion of the 59 th anniversary of the Republic of Cyprus, marked throughout the island with military parades. Daily Phileleftheros reported that of the 21 prisoners released on the suggestion of the Attorney General, 14 were Cypriots and all had served at least half
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