Former IMFs mission chief for Cyprus Delia Velculescu has likened Cyprus to Icarus the mythologic figure, who flew too close to the sun, burnt his wings, fell in the sea and drowned, sources say. According to the sources she was speaking on Monday during an IMF board meeting which looked into the report of its

Cyprus government is expected to announce measures and actions, following Ankara`s provocations in the island`s EEZ. These measures, as CNA has learned, are going to be political, diplomatic and legal and the aim is to have an outcome. At the same time, according to sources, Greek Prime Minister Antonis Samaras is going to visit Cyprus

Α team of American orthopedic doctors from the world renowned Shriners Hospital in Springfield, Massachusetts, led by Dr. David Drvaric, will examine from today until Thursday 500 children with severe orthopedic problems and illnesses, at Nicosia General Hospital, entirely free of charge. The team of American Orthopedic Doctors visits Cyprus once a year, every October,

Cyprus' security authorities are on guard, monitoring and recording the movements of the Turkish Barbaros, a seismic Turkish frigate, which violated the Exclusive Economic Zone (EEZ) and are ready to face any eventuality, sources of the Ministry of Defence told CNA. The sources said that "Barbaros Charientin Pasha" entered the Cypriot EEZ yesterday evening and

The National Council, the top advisory body to the President on the handling of the Cyprus problem, convenes here on Monday in the backdrop of Turkish provocative actions within the Republic`s exclusive economic zone. The Council, comprising all parliamentary parties which meet under President Nicos Anastasiades, was set to meet on Monday in order to

Recycled water produced by sewerage units constitutes a steady source for irrigation purposes and is expected to cover approximately 30% of Cyprus` irrigation needs, senior official of the Water Development Department Andreas Manoli has told CNA. In statements to Cyprus News Agency Manoli spoke of the excellent quality of recycled water in Cyprus, as it

Cypriot Ombudswoman Eliza Savvidou has warned that human trafficking continues to constitute a real, serious and diverse problem in Cyprus, which is the most critical human rights violation and a serious crime. On his part, Minister of the Interior Socrates Hasikos assured, on the occasion of the EU Anti-Trafficking Day, on October 18, that combating

The island’s fiscal deficit is expected to drop below 3% in this year, which is the EU requirement and to range close to 2.5%, while the forecast by the Troika of international lenders is 4.7% and the IMF 4.4%, Minister of Finance Harris Georgiades said on Friday. Presenting the state budget for 2015 before the

Cyprus Gross Domestic Product increased by 9.8% or €1.61 bln in 2013, reaching €18.1 bln, following the revision of the National Accounts for the period 1995-2013, a development that is expected to have a positive impact on financial indicators of the last and the current year. The island’s statistical service Cystat announced that the total