. For the visitor walking down the streets of Athens or Thessaloniki, or indeed in any one of the popular Aegean islands, it is hard to imagine that Greece is a country still gripped in the folds of an enduring economic crisis. Appearances can be deceptive as most shops seem full of swarming tourist crowds, car
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Growing demand from China combined with a shortage in supply of Cyprus’ traditional squeaky cheese has led UK supermarkets to increase their prices by around 12%, with fears of a possible halloumi crisis. According to British media, supermarket chains have increased the price of Halloumi by up to 15p, while Aldi supermarkets have imposed a
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. By Yoram Kedem A shopping centre is a far more complex and management intensive business than what meets the eye, especially in an era in which the retail industry is undergoing a profound transformation. A shopping mall is traditionally viewed as commercial real estate with a cluster of retailers present in its interconnected walkways
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The European Court of Human Rights dismissed as “manifestly ill-founded” an application against Cyprus, lodged by a Swedish national who was convicted in 2013 after admitting he belonged to Hezbollah. The applicant alleged that he was subjected to inhuman and degrading treatment by the Cyprus authorities. Hossam Yaacoub was arrested on July 7, 2012, in
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A partial emergency exercise was successfully completed on Friday at Larnaca International Airport with the participation of various government and non-governmental departments and services. According to the exercise scenario, during landing on the runway, a light aviation aircraft veered off the runway to the left and crashed in a wetland located within the airport premises.
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United Nations Secretary-General spokesperson Stephane Dujarric has said the UN is not aware of Nicosia’s intention to conduct new gas drills in the Cyprus Republic’s exclusive economic zone. He said the body had also not been informed about any concerns raised by Turkey. Dujarric was asked to comment on the fact that the Cyprus Republic
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Cyprus has sent two fire-fighting airplanes to help battle the hundreds of blazes raging across Israel. The Cyprus News Agency said the two Forestry Department airplanes, with two officers aboard each, took-off from Larnaca airport for Haifa early Friday. At the same time ground support staff of the Department of Forests also flew to Israel
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As European parliament elections kicked off on Thursday with polls in the UK and the Netherlands, rating agency DBRS said that we “are likely to see a more fragmented Parliament with mainstream parties losing ground even though pro-European groups are expected to retain a majority.” “Adding to the confusion is the still uncertain role of
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A little-known Limassol-based investor group is planning to strike it rich in the Eastern Mediterranean natural gas industry by unlocking hundreds of billions of dollars of sales mired in the complexities of the region. Cynergy Group is looking to spend between $5 bln and $10 bln in the coming years buying under-utilized natural gas assets
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Cyprus firm and Egypt sign an estimated 2 billion euro deal to lay a 310-kilometre subsea electricity cable that will be the first interconnector between Africa and Europe. Nicosia-based EuroAfrica described it as a “landmark agreement”. “With the historic signing…the first major electricity interconnection project linking Africa with Europe has been realised,” said
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