Cyprus expressed its readiness to assist in the rescue efforts after the devastating earthquake in Turkey, but the Turkish side did not accept help from the Republic, officials said. Foreign Ministry’s Permanent Secretary Kornelios Korneliou told CNA: “We conveyed this readiness through the European Civil Protection Mechanism and the Greek Cypriot negotiator, Menelaos Menelaou”. Through
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By Craig Erlam European equity markets are expected to open a little higher on Wednesday following a positive shift on Wall Street on Tuesday, while Asia overnight was a very mixed bag. Investors appear a little relieved at Fed Chair Jerome Powell sticking to last week’s script and toning down risk fears, despite Friday’s jobs
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The Pancyprian Volunteerism Coordinative Council launched a nationwide fundraising campaign to support the earthquake victims in Turkey and Syria. Financial contributions collected will be allocated to cover the individual needs of each country in cooperation with the competent authorities of the state. The office of the Citizens’ Commissioner supports the solidarity campaign for those affected
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Cyprus and China have signed a 5-year cooperation plan in the fields of health and medical sciences. Health Minister Michalis Hadjipantela and China ambassador Liu Yantao signed the plan. The five-year cooperation plan for 2023-2027 is based on a long-standing agreement between the two governments. “It reaffirms the close relations of the Republic of Cyprus
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The Bank of England and the U.K. Treasury announced that a digital pound could be used by households and businesses for everyday payments in-store and online later this decade. The so-called ‘Britcoin’ would be used alongside cash, rather than replacing it, according to officials. And industry analysts say that these plans underscore that digital currencies
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President Nicos Anastasiades and the United Nations in Cyprus have sent their prayers and wished for Turkish Cypriot students still missing after the killer earthquakes in Turkey to be found. Turkish Cypriot children were on a school trip in Turkey when the devastating earthquake struck on Monday and are still missing. A group of volleyball
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By Craig Erlam Equity markets are treading water on Tuesday, as investors take a pause following an eventful week. Investors seem a little lost this week, disheartened by the U.S. jobs report in particular, but also poor tech earnings and a still hawkish Federal Reserve. The central bank may have softened its tone a little,
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Akrotiri Peninsula is a biodiversity hotspot on the island and the Western Mediterranean basin, which makes it ideal for an education centre with over 10,000 visitors a year. On February 4, the Akrotiri Environmental and Education Centre marked World Wetlands Day by offering experiential workshops with its team of experts. The event was organised with
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A European airport network traffic report for 2022 by ACI EUROPE shows that the airport industry has finally turned the corner on the COVID-19 pandemic welcoming nearly 2 billion passengers. Passenger traffic across the European airport network nearly doubled (+98%) in 2022 compared to the previous year, reaching 1.94 billion passengers. However, that was still
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Annually, average Cyprus real estate prices increased by 9.9% for apartments, 1.0% for houses, and 0.3% for offices, according to the Q4 2022 Ask WiRE property index. Sales prices also increased by 4.7% for holiday apartments and 0.9% for holiday homes but decreased by 1.4% for retail and 3.7% for warehouses. Nicosia stood out from
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