Communications Minister Vassiliki Anastasiadou handed over to Cyprus Archbishop Chrysostomos II four fragments of looted frescoes which she brought back home from the Hague. Two of the pieces identified are 12th century frescoes belonging to the church of Panagia Apsinthiotissa, a Greek Orthodox monastery situated in Turkish occupied Kyrenia. The third fragment is from the 15th
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The Cypriot Shipping Ministry is laying the groundwork to reconnect a discontinued Cyprus-Greece ferry link by 2020 if possible. Deputy Shipping Minister Natasa Pilides told MPs on Friday that her Ministry is preparing tender documents for a study to be conducted on possible ways of operating the sea interconnection. Talking to members of the House
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. Assessing the current state of the Cypriot banking sector, one could say that 2018 was a year that substantial progress has been achieved yet still some major problems remain. Maybe the manner in which this progress has been achieved was unexpected, but objectively looking at the banking system, it is more resilient, strong, and
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Cyprus (84%) falls just below the EU average of 85% of people aged 16-74 in the European Union who reported they had used the internet during the previous three months, according to Eurostat. It ranks 15 in the 28-member bloc for internet use but scores poorly for certain activities like watching videos on demand, streamed
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Moody's Investors Service has upgraded Bank of Cyprus and Hellenic Bank's long-term deposit ratings from Caa1 to B3, and their long-term Counterparty Risk Ratings (CRRs) to B1 from B2, with the outlook on both banks' long-term deposit ratings as ‘positive’. The upgrade follows efforts by both banks to strengthen their capital base and improve their
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Cyprus has approved a draft 2021-2030 National Plan for Energy and Climate which includes various policies and measures to combat climate change and improve energy supply. The plan sets a national goal for a 24% reduction in greenhouse emissions in Cyprus by 2030, compared to 2005 levels (excluding emissions from electricity, cement and pottery /
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Just six months after the introduction of a law obliging shops to charge for plastic carrier bags, Cypriots have changed their ways, but some outlets are still defying the new regime. Some 80% less plastic carrier bags have been distributed at the tills of supermarkets since July when the law was imposed. While many environmentalists
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Sophia, the first social humanoid robot to be awarded citizenship is to be a key speaker at the Reflect Festival which will be held in Limassol on 9-10 May at the Carob Mill. Trumpeted as the biggest festival between South Europe and the Middle East, Reflect Festival focuses on a series of sectors such as
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Significant changes were recorded in the new car market last year with Toyota leading the way as the most popular brand of purchase in Cyprus, according to data released by the Road Transport Department. Toyota Yaris recorded the highest number of sales with 588 cars hitting the roads in 2018, the Nissan Qashqai came in
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The fifth Southern EU countries (MED7) Summit on January 29 in Nicosia will discuss migration, Brexit, eurozone reform, Europe’s energy security and climate change as a matter of priority. Attending the summit will be France President Emmanuel Macron, Prime Minister of Portugal Antonio Costa and Italian PM Giuseppe Conte. The seven states participating in the
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