. Nothing is certain except death and taxes, wrote Benjamin Franklin in 1789. Some claim the great man pinched the line from Daniel Defoe who said something very similar in a book written 60 years earlier. But whoever came up with it, there is no disputing the accuracy of the maxim. It is just as
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Moscow has warned the US it will have to take active measures in case of a military build-up by Washington in Cyprus, Russian Foreign Ministry Spokeswoman Maria Zakharova reportedly told journalists on Wednesday. She said information is coming from different sources about Washington’s actions to ensure the possibility of building up its military presence in
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Τhe number of registered unemployed in Cyprus decreased 15.6% on an annual basis in November, according to the seasonally adjusted data. Registered unemployed at District Labour Offices reached 28,514 persons. Based on seasonally adjusted data that show the trend of unemployment, the number of registered unemployed for November 2018 decreased to 24,887 from 25,219 in
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Royal couple William and Kate touched down at RAF Akrotiri in Cyprus on Wednesday to meet men and women separated from their loved ones over the festive period as they take part in active operations. On Tuesday the Cambridges staged a Christmas party for families from RAF Coningsby and RAF Marham who have a relative
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Cabinet has approved a new road tax scheme aimed at reducing CO2 and other emissions, an ever-growing source of concern as Cyprus is to be fined for failing its EU clean air targets. The new system will be based on the “pay as you pollute” philosophy, with owners of cars with high emissions paying more
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Nicosia’s tallest building, the ‘360’ has reached 27 out of its 34 floors, as the project belonging to 101 Development Ltd is picking up speed. The Cyfield Group, who have undertaken the construction announced that building work at the 360 is at an advanced stage as the parking lot, the lobby and some of the
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Interest rates for house purchases declined to a new historic low in October, according to data released by the Central Bank of Cyprus. The lending rate for home purchases declined to a new all-time low of 2.26% in October, compared with 2.37% in the previous month. Furthermore, interest rates for consumer credit and interest rate
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Using liquified natural gas (LNG) for electricity generation is the only way forward for Cyprus to diversify its energy mix and avoid bigger fines for greenhouse emissions, Electricity Authority chairman Andreas Marangos told CNA. He acknowledged that unpopular fluctuations in high electricity bills depended on international oil prices, as 90% of power generation is dependent
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Consumers in Cyprus are finally given a break after months of petrol price hikes scorching them, as prices of crude oil have fell close to USD 50 per barrel. The observatory of petrol prices at the Cyprus Consumers Association also noted that motorists have saved a total of EUR 132,628 in 95 Octane petrol from
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Greek Minister of Energy George Stathakis said Greece, Italy, Cyprus and Israel are drafting an intergovernmental agreement on the $7 bln EastMed pipeline to be signed in the first three months of 2019. In an address to the 6th Energy Symposium in Nicosia, Stathakis said “a project of strategic importance for Europe, Greece, Cyprus and
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