Cypriot authorities on Thursday urged vulnerable groups to stay indoors due to an above average concentration of dust particles in the Cyprus atmosphere. Following recent unstable weather with intermittent sun and heavy rain, Cypriots must now beware of dust in the air. The authorities said that the concentration of dust in the atmosphere would exceed
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The UK government has reached a £1 mln out of court settlement with 33 veteran EOKA fighters, who sought damages for the torture they suffered at the hands of British colonial forces during the uprising of 1955-59. A UK government statement said “the settlement does not constitute any admission of liability and is not a
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Cyprus cried “double standards” after the European Commission said its citizenship for investment scheme could help organised crime gangs infiltrate the bloc or be a conduit to money laundering and corruption. The warnings were included in a report published on Wednesday by the European Union’s executive, which also focused on Malta and Bulgaria. “Investor citizenship
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Moody's Investors Service has downgraded from B3 to Caa1 the long-term deposit ratings of three Lebanese banks – Bank Audi S.A.L., BLOM BANK S.A.L. and Byblos Bank S.A.L. – in line with the country’s sovereign rating downgrade on Monday. The rating agency said the decision reflected the government’s “weakened creditworthiness [that] weighs on the credit
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Maritime cooperation between Cyprus and Egypt is on an upward curve after meetings Deputy Minister of Shipping Natasa Pilides held in Egypt with Egyptian Minister of Transportation Hesham Arafat and Chairman of the Suez Canal Authority Admiral Mohab Mohamed Hussein Mamesh. In statements to CNA, Pilides said cooperation with Egypt was excellent in many sectors,
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Cyprus saw the EU’s biggest jump in the number of nights spent in tourist accommodation by residents on the island and it had the second largest share of nights spent by non-residents. In the EU, the number of nights spent in tourist accommodation by residents grew slightly faster (+2.3%) between 2017 and 2018 than those
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By Lukman Otunuga, Research Analyst at FXTM Conflicting reports over the status of trade talks between the United States and China has contributed to the market gloom with equities under pressure on Wednesday. Investor sentiment was initially punctured by a report from the Financial Times stating that the Trump administration had cancelled trade talks with
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Tougher and more severe sentences are part of unprecedented criminal reform to combat violence against women that include stalking, harassment and female genital mutilation, said Justice Minister Ionas Nicolaou. Presenting the proposed legislation Nicolaou said it was the first time that Cyprus was introducing such extensive changes to fight gender-based violence. For rape, the maximum
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Cyprus has dropped one place in the 2019 Bloomberg Innovation Index, falling below Iran to nestle in 48th place out of the 60 countries ranked on the list. More embarrassingly, Cyprus was the lowest ranked country in the index from the 28-member European Union. In the annual Bloomberg Innovation Index, Cyprus performed poorly – in
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By Makis Georghiou EuroAsia Interconnector, project promoter of the EU-approved subsea cable that will link the electricity grids of Israel, Cyprus and Greece, has warned Greek energy regulator RAE to rescind its “illegal decision” to appoint a new entity to build the Crete-Attica section. It was called on to comply with the EU Commission’s roadmap
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