Cyprus on Monday strongly condemned Turkey’s second incursion into its EEZ to drill for oil and gas in a tension-escalating move after the EU warned Ankara to stop its ‘illegal’ activities or face sanctions. “The Cypriot government condemns in the strongest terms the new illegal Turkish drilling in the east of Cyprus, in the sea
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Cyprus accident and emergency hospital doctors are staging 24-hour industrial action on Tuesday over critically low staff shortages that they say puts patients’ lives at risk. According to state doctors’ union, PASYKI A&E doctors will be on strike from 7 am on 9 July till 7 am 10 July. PASYKI argues that A&E rooms are
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By Hussein Sayed, Chief Market Strategist at FXTM Stocks and bonds in world markets have been surging throughout the past week with all major US equity indices reaching new record highs. The rally in risk assets was not driven by a prosperous economic outlook, but rather a dim one. Investors have shifted into the mentality
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Larnaca is to see its fair share of new developments with several high-rise building projects being put forward from local and foreign investors. Once lagging behind other towns in Cyprus regarding development in the construction sector, Larnaca is catching up with rebuilding the Larnaca Marina and a new shopping mall, while gaining height with property
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Retired tennis star Marcos Baghdatis, who ended his long professional career at Wimbledon, said he is proud of being able to inspire young kids to believe in themselves. The 34-year-old Cypriot, returned to Cyprus where fans, family and friends were at the airport to welcome him. He said that his career in tennis was fantastic
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Swiss Foreign Minister Ignazio Cassis is on a working visit to Cyprus as part of a series of contacts in Nicosia, Athens and Ankara this week. Main topics to be discussed in the three capitals are the Cyprus problem as well as the refugee crisis. CNA said Cassis will visit the UN Peacekeeping Force in
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A second Turkish drillship will begin drilling for oil and natural gas off Cyprus this week in a move that could create more tension. Last month, European Union leaders warned Turkey to end its gas drilling in Cyprus’ EEZ after pressure from Nicosia and Athens. Turkey violated Cyprus’ EEZ in May when the Turkish ship
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While the government insists on keeping the newly introduced fan card, designed to clamp down on football violence, clubs argue that dwindling attendances and lack of safe stadia make the scheme unworkable. Stadiums were almost empty last season with the fan card directly blamed for low attendances as the majority of supporters stayed away in
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. Our standard of living is improving, be it very slowly, adding to the recent successes of this government are the introduction of the guaranteed minimum income (not much but it’s at least a start) and launch of a National Health Service. When studying the doctors’ demands one wonders how much money (mostly undeclared) they
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A Hollywood film starring Oscar-winner Nicolas Cage to be entirely filmed in Cyprus is seen as a test case for whether the island can become a destination for world-class cinema productions. With Cage sprinkling some Hollywood stardust on Cyprus, the island seems destined for stardom, however, sources close to the industry see the film as
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