. Parents in Cyprus want the best possible education for their children. But many are being ripped off by freebooting teachers and unlicensed colleges charging as much as €600 a month to give a child after-school lessons. The Government also feels it is being ripped off. Parents here are spending around €50 – €100 mln
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Cyprus has one of the highest violation rates of breaking the speed limit on highways (63%) in the European Union, according to the PIN Flash Report, published by the European Transport Safety Council (ETSC). Lithuania has the lowest percentage of speed limit violations with 19% (with a speed limit of 130km/h) and Portugal the highest
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While doctors’ bicker over joining the national health service, aimed at improving a disjointed healthcare system, Cypriot households come top in Europe for saying medical costs are a financial burden. Cyprus had the largest share of persons reporting that healthcare costs posed a high financial burden (39%), followed by Bulgaria (32%), Italy (29%) and Latvia
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Cyprus-Russia bilateral ties, relations between the EU and Moscow as well as developments in the Eastern Mediterranean region will be the focus of the talks which Cypriot Foreign Minister, Nikos Christodoulides, will have with his Russian counterpart, Sergey Lavrov. Christodoulides told the Cyprus News Agency that during their February 22 meeting in Moscow, the two
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Nicosia is to issue a 15-year maturity bond of EUR 1 bln to pay off part of a EUR 2.5 bln loan obtained from Russia back in the torrid financial landscape of 2011. Bloomberg reported that the Republic of Cyprus, with a credit rating of Ba2 (fixed) / BBB- (fixed) / BBB- (fixed) / BBBL
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Debenhams Olympia, one of Limassol’s shopping landmarks is to be knocked down to make way for a 45-storey luxury apartment block on the town’s seafront. The Shacolas Group, owner of the property, has submitted an Environmental Impact Assessment Study covering all three phases of the proposed residential development to be named ‘Aura’. The study covers
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Cypriots are happy with life, but they overwhelmingly do not trust politicians or the EU for that matter, according to national analysis of the Eurobarometer. According to Head of the European Commission Representation in Cyprus, Ierotheos Papadopoulos, 85% of Cypriots said they were satisfied with their lives compared with an EU average of 83%. A
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Cyprus residents taking a trip abroad in January spiked 11% reaching 119,570 from 107,759 the year before, according to data. The most significant change in January was a 70.1% jump recorded in trips to Russia, that stood at 8,979 compared to 5,278 in January 2018. In contrast, trips to Greece decreased by 4% while trips
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The risk of Britain crashing out of the EU is rising as non-ratification of the Withdrawal Agreement becomes the default position, acknowledge EU Brexit negotiator Michel Barnier and Cyprus Foreign Minister Nikos Christodoulides. Following talks in Brussels on Monday, ahead of the EU Foreign Affairs Council (FAC), the Foreign Minister assured Barnier of the importance
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Tourist arrivals in Cyprus for January were the highest ever recorded over a 12–month period and spiked 8% on last year, official data showed Monday. Arrivals of tourists reached 81,970 in January compared to 75,867 in the same month of 2018, recording an increase of 8%. “January 2019 had the highest volume of tourist arrivals
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