Arguably Nicosia was the biggest casualty of the financial crisis as money drained from the capital, now there is renewed interest by foreign investors in building new hotels to make it a hub for international conferences and events. The heart of Nicosia is to play host to a new boutique hotel that will rightly take
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. We have read with interest the recent report of Larnaca Mayor Andreas Vyras regarding the town’s finances and the vision that the Mayor and his council has for the town. We have reported in the past that Larnaca has all the parameters to reap the advantages of its location and facilities. · It is
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Cyprus ranked fifth among Europe’s top 10 news stories of the year compiled by EUObserver, an independent online newspaper reporting on the EU with correspondents in all 28 member states. In 2018 – the final full year of the Juncker Commission, ahead of next year's stormy-looking European elections – was ultimately dominated by three issues:
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Cyprus Fiscal Council is uneasy over the government conceding to various groups, from lateral pay hikes across the public sector to consider the inclusion of borrowers who are paying off their loans to the ESTIA scheme aimed at mortgage defaulters. Designed as an independent institution to evaluate and validate the government’s macroeconomic predictions and budget,
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Five crew were injured and taken to hospital following an explosion on a Maltese-flagged oil tanker anchored off the southern coast of Cyprus, Cypriot authorities said Saturday. Police said a fire started on the ship following an explosion as the oil and chemical tanker was anchored off the coast in the Zygi area not far
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. The first Deputy Minister for Tourism, Savvas Perdios, will have his hands full the day he walks into his new office on January 2, with the restructured Cyprus Tourism Organisation now having more powers as well as responsibilities. The first task will be to implement the National Strategy for Tourism, a blueprint developed by
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A Syrian man airlifted to shore from a U.S.-flagged merchant ship that plucked him from stormy seas off Cyprus says he was the lone survivor of a boat that capsized with seven others on board drowning, state radio reported Friday. Cyprus’ Joint Rescue Coordination Centre said the vessel, Safmarine Nimba, had notified Cypriot authorities Thursday
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While leaving 2018 behind, Cyprus telecom companies are preparing to battle it out for a bigger share of the market next year. Prices, bundles, speed, reliability, introduction of new technologies as well as television content are expected to be the main weapons in the Cyprus telecom’s war to attract new customers. Telecom firms are planning
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French President Emmanuel Macron is expected to visit Nicosia end of January for the EuroMed7 meeting of the seven EU Mediterranean countries, namely Cyprus, Greece, France, Italy, Malta, Portugal and Spain. According to sources who spoke to CNA, President Nicos Anastasiades will be paying Slovenia a visit on January 9. The President was also invited
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Hermes Airports has acquired the Level 3 of the ACA Certification for the reduction of its carbon dioxide emissions, just one year after the acquisition of the ACI Airport Carbon Accreditation Level 2. So far, only 53 airports worldwide have acquired the certification that Hermes has attained. The ACA (Airport Carbon Accreditation) is issued by
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