Cypriot President Nicos Anastasiades has personally got involved in backing efforts by two DISY MPs to reinstate a commercial ferry link between Cyprus and Greece that was discontinued 18 years ago. Anastasiades has instructional the Communications and Shipping Ministries to come up with a strategy that could make the sea link viable. DISY MP Nicos
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. I’m not sure why people want to become a journalist because it has nothing to do with the truth, being creative or becoming wealthy. More often than not people think they can do a better job than you, believe they know the ‘real’ facts or just brush you off as a lazy journalist. This
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. Like many other things most of our lifestyle habits are changing and they now have a cycle. A young couple starts with the acquisition of an apartment 1-2 bedrooms, then depending on their financial ability move on to a larger apartment and then to a house. Other than those who have the financial support
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Greek oil and gas firm Energean has upped the ante by saying it can deliver more competitive gas prices to Cyprus than the tender procedure Nicosia is going through. “Energean has submitted a proposal to the Cypriot Government to supply natural gas to the country in the 1st quarter of 2021 at no upfront cost
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The island’s film industry may still be in its infancy, but a new scheme to lure foreign filmmakers and investors to Cyprus could, hopefully, pay off if the state finds the right balance between financial incentives and locally available services and infrastructure, delegates at a conference heard this week. The intention of the organisers of
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Cyprus has far exceeded its fair share of asylum applications and the general migratory pressures it faces, Interior Minister Constantinos Petrides told the EU Home Affairs Ministers Council in Luxembourg. He warned his counterparts that the EU "has to assume the responsibilities stemming from the principle of solidarity and the balanced burden sharing" underlining that
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Four former executives of defunct Laiki Bank have been found guilty of manipulating the market, leaking false or misleading information and concealing information from the public. The one-time bankers of defunct Laiki, managing director Efthimios Bouloutas, deputy managing director Panayiotis Kounnis, vice-president Neoclis Lysandrou and executive board member Marcos Foros were found guilty on Friday
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In an effort to speed up financial disputes, the government has decided to support the creation of a commercial arbitration court to settle claims involving millions. This arbitration court will preside over civil cases, of a commercial nature, in which one side is demanding more than EUR 2 mln in damages. The new court will
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Monetary policy changes in Europe, uncertainty over Italy’s fiscal plans and the trade war between the USA and China have triggered an increase in yields of Cypriot and other Eurozone bonds. While uncertainty over the approval of Italy's budget may fuel a broader crisis within the EU, the bloc will see the end of the
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A rare meeting between rival Cypriot leaders will be arranged by the United Nations in the coming days to kick-start Cyprus reunification talks stalled for 15 months. Cypriot president Nicos Anastasiades said on Friday the United Nations will host a meeting with his Turkish Cypriot counterpart in a move to break the current deadlock. An
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