Last month the eurozone inflation rate stood at 1.9% while it was a lower 1.6% in Cyprus, down from 2.2% and 1.9% respectively in October, according to Eurostat. A year earlier, the rate was 1.5% in the eurozone and only 0.2% in Cyprus. European Union annual inflation was 2% in November, down from 2.2% in
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. The Chinese in their wisdom said that "even the longest journey in the world starts always with a first step". That important step was taken 40 years ago by a leader of vision, Deng Xiao Ping who chose the path of reform and opening-up. President Xi Jinping, on 13 November, called for efforts to
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Cyprus is on track to break the four-million tourists’ barrier for the first time after visitors in November increased 9.7%, official data shows. Tourist arrivals reached 158,685 last month from 144,676 in November 2017, recording an increase of 9.7%. It was the highest volume of tourist arrivals ever recorded in Cyprus during November while it
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A Memorandum of Understanding signed by Energean and INGL, will see $98 mln paid to the Greek firm for constructing and transferring to Israel Natural Gas Lines the onshore and near shore part of nat gas facilities for the Karish and Tanin development. CEO of Energean, Mathios Rigas said: “This is another important milestone for
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. By Kyriakos Mikellis The provision of healthcare services to Cypriot citizens through the implementation of a functional, efficient and sustainable National Health System is something that should have happened many years ago. The implementation of the system must ensure that all Cypriot patients have access to quality healthcare services and effective and safe medicines.
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The Armed Forces Cyprus and of Israel began a three-day joint military exercise on Monday as part of their annual defence cooperation programme. The large-scale exercise over the land and sea area of Cyprus will last until 19 December. According to the Ministry of Defence, the exercise is conducted within the Nicosia FIR and in
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President Nicos Anastasiades, will hold more talks with UN envoy Jane Holl Lute after the outcome of her meeting with Turkish Cypriot leader Mustafa Akinci. Cypriot government spokesman, Prodromos Prodromou said that Sunday's meeting between Anastasiades and Lute was “constructive” and there was a discussion on the terms of reference for a resumption of Cyprus
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. Capitalism succeeds if you are fit, healthy, agile, young and educated with everything going your way to be a productive member of society without being too much of a burden on the state. This is how insurance and pension schemes operate. As long as you are good to go, people will invest in you
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Cyprus telecom companies are preparing the ground for the next generation of faster 5G connectivity while battling it out for a bigger share of the lucrative mobile phone pie. With 5G networks seen as the future in telecommunications, local telecom firms have applied and obtained licenses from the Ministry of Communications to go ahead with
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. After almost four years of construction, the new Nicosia square (Eleftheria) seems that it is reaching the end and with the delivery date set for early 2019. The square which will be the largest in Cyprus is set between the walled city and the prestigious shopping area (Makarios Avenue) erected near/over the Medieval walls
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