Russia’s invasion of Ukraine created new geopolitical data in Europe and the eastern Mediterranean. Its multiple consequences prompted NATO to invite Sweden and Finland to join NATO. This allowed Turkey to play a role in the conflict by avoiding imposing sanctions against Russia and providing Kyiv with drones, and finally, to project the importance of
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When you see notices for auctions or foreclosures for the sale of real estate, you can only wonder if the managers, owners, or investors can dispose of these properties correctly. In many of these ads, there are quite strange things that I have referred to previously, which in many cases, are full of misleading information
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Cyprus, Israel and Greek foreign ministers highlighted the importance of their energy cooperation and its contribution to the stability in the region. Cypriot Foreign Ministers Constantinos Kombos, Greece’s Nikos Dendias and Israel’s Eli Cohen met on Friday in Nicosia as a sign of the burgeoning alliance. They prepared for the 9th tripartite summit to be hosted
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Ships flying the Cypriot flag are faced with a second Turkish embargo as they are prevented from transporting grain from or to Ukraine under the Black Sea Grain Initiative, said Shipping Minister Marina Hadjimanolis. She pointed out that following Russia’s invasion of Ukraine, there was an agreement between Turkey, Ukraine and Russia with the United Nations
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Expensive properties are sold for millions of euros but are recorded as having zero value with the Land Registry, meaning the state is missing out on sizeable tax revenues, according to opposition party AKEL. Citing a 400-page document, AKEL MP Andreas Pasiourtides told the House’s Interior Committee that hundreds of properties appear to have a
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By Craig Erlam An action-packed end to the week, month, and quarter sees equity markets cautiously higher going into the weekend. If we end the week in the green, that’s a big deal considering how almost disastrous the rest of the month was. Confidence is easily shattered and difficult to restore, and a positive end
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Cyprus reported four COVID-19 deaths on Friday, the same as last week, with a significant drop in new infections below the 1,000 mark and a stable number of hospitalisations. The health ministry said in its weekly Covid bulletin that the latest victims were four women aged 66 to 88, raising the death toll since the
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Parliament wants to end retailers charging customers a surcharge for paying with plastic money by taking advantage of loopholes in the existing legislation. Under a 2021 law, all businesses offering services are legally obligated to accept credit card payments, from kiosks to lawyers. However, smaller businesses, citing increased operating costs and the fact that they
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Cyprus and US relations have never been stronger, Defence Minister Michalis Giorgallas said at the signing ceremony of a State Partnership Program (SPP) between the Republic and the New Jersey National Guard. The signing took place at the Presidential Palace on Thursday, and the Chief of the Cypriot National Guard signed the SPP, Lt. Gen. Demokritos
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The International Monetary Fund (IMF) warned the government against increasing the Cost-of-Living Allowance while pointing to threats posed by a possible rise in Non-Performing Loans due to hiking interest rates. The IMF made the written recommendations in the context of the 14th post-bailout audit of the economy and the banking system. In its concluding notes
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