. There was a sigh of relief from the expat community when, in April 2016, a bill was passed making cremation legal in Cyprus. Since cremation doesn’t figure in the Cypriot culture, there was no huge demand from locals. But for the thousands of expats living here it was, as the grim joke had it,
More
A rare 1,600-year-old mosaic has finally returned to its home in Cyprus, more than four decades after it was looted from a church, Cypriot authorities said Tuesday. “The mosaic of Apostle Mark…has been repatriated to Cyprus from the Netherlands,” said the Cyprus antiquities department in a statement on Tuesday. “The walled mosaics of Panayia Kanakaria,
More
By Lukman Otunuga, Research Analyst at FXTM The threat of British Prime Minister Theresa May possibly facing a no-confidence vote in her leadership will heavily influence the Pound this week. Sterling has had it rough in recent days thanks to the combination of Brexit-related uncertainty and increased political instability in Westminster. With Theresa May’s Brexit
More
President Nicos Anastasiades has not ruled out NATO replacing the security guarantees that are a stumbling block in stalled Cyprus reunification talks. When asked by journalists if there were any thoughts to have NATO instead of guarantor powers to monitor a Cyprus peace deal Anastasiades replied: “We need to have the conditions first for the
More
Investment Funds operating in Cyprus reached 142 in the third quarter of 2018, marking a new all-time high, according to data released by the Central Bank. According to Central Bank of Cyprus data, investment funds assets grew by 3% to EUR 4.85 bln compared with EUR 4.7 bln in June 2018. The majority of the
More
Hundreds of students and volunteers responded to the University of Cyprus’ call to be “part of the knowledge chain” transporting 600 books from the old library to state-of-the-art facilities in the new campus. The last 600 books, or 20% of the library’s stock, were transferred hand-to-hand along a human chain which ran 4.23 km from
More
Cyprus residents travelling abroad in October amounted to 115,022 marking a decrease of 2.8% compared with the same month last year, this fall coincides with the collapse of Cypriot airliner Cobalt Air. Compared with September 2018, Cypriot residents travelling abroad declined by 11.2%, the Cyprus Statistical Service (Cystat) said on Monday. According to Cystat, in
More
Cyprus bank customers are charged for virtually every transaction possible as banks are imposing fees for even maintaining a simple current account or withdrawing cash with the assistance of a cashier. A webpage set up by the Finance Ministry, presents charges imposed by Cypriot banks, for consumers to be aware of, and compare. According to
More
An influx of Russian, British and Israeli tourists helped Cyprus set a new record for its best ever year for arrivals with 3.67 million visitors up to October, official data indicated on Monday. The Mediterranean island has beat its previous annual record of 3.65 million tourists Cyprus received in 2017 with two months to spare.
More
Nicosia has protested to the UN peacekeeping force in Cyprus (UNFICYP) over incidences in the bufferzone during which Greek Cypriot farmers were prevented by Turkish troops from cultivating their land. Foreign Ministry spokesperson Demetris Samuel told CNA that the government follows and evaluates the situation constantly. Asked about the latest incidents that took place last
More