Cyprus airports saw a 3.6% increase in passenger traffic in the first six months to June compared to the same period last year, according to data from operator Hermes Airports. From January to June combined passenger traffic at Larnaca and Paphos airport amounted to 4.68 million from 4.52 million in the same period last year.
More
. By Martin Hellicar At a time when nature is facing an unprecedented crisis, states now more than ever have an obligation to protect their Natura 2000 sites. In the case of Cyprus, however, the state is not only failing to protect these precious sites, but it is destroying them by its own hand, turning
More
Cyprus threatens legal action if a second Turkish ship begins drilling inside the island’s exclusive economic zone as Ankara has warned it will do. In May, Cyprus issued around 20 international arrest warrants against three companies supporting ongoing drilling by Turkish drillship Fatih 42 miles off the island’s west coast. A foreign ministry official said
More
Nicosia is treating the stray missile hitting the Pentadaktylos mountain range as an isolated incident, arguing that Cyprus has the defence capability to shoot down any threat from the air. Defence Minister Savvas Angelides said Cyprus does not have these defence systems online as the government does not feel that there is a threat of
More
Cyprus Transport Minister Vassiliki Anastassiadou told tourism sector stakeholders the government can’t bring airfares down, but it can offer incentives for airlines to fly to the island and create more competition. She said effort were being made to improve the island’s air connectivity with Europe and the rest of the world. Deputy Tourism Minister Savvas
More
Monthly industrial producer prices for energy and consumer goods rose sharpest in Cyprus at 2.4% the largest hike in the EU. In May 2019, compared with April, industrial producer prices fell by 0.1% in the euro area (EA19) and remained unchanged in the EU28, according to Eurostat. In April 2019, prices decreased by 0.3% in
More
By Lukman Otunuga, Research Analyst at FXTM Some semblance of stability returned to financial markets on Monday as investors breathed a collective sigh of relief after US-China trade talks during the G20 summit ended on a positive note over the weekend. Global sentiment brightened with “risk-on” making a return after the United States and China
More
Twelve years since dismantling its national traffic camera network due to a series of technical and legal issues, Cyprus has made a call for tenders to reintroduce them. Minister of Transport Vassiliki Anastassiadou announced the government has launched a tender procedure with the chosen bidder tasked with installing 90 fixed and 20 mobile traffic cameras.
More
. CYPRUS is an ideal choice for a business base. That was the message delivered last week by George Campanellas, director general of Invest Cyprus, when he addressed the fourth International Investors Summit in Limassol. Finance Minister Harris Georgiades was even more upbeat. He told the 150 foreign entrepreneurs and investors at the conference that
More
InterContinental Hotels Group, one of the largest hotel chains in the world, announced that the new Hotel Indigo in Larnaca will open to the public by the end of 2019. The boutique hotel will operate under an international agreement between IHG, Sunnyseeker Hotels, the world's largest hotel management company, and Quality Group, a major land
More