By Craig Erlam The week is off to an eventful start with the UK government announcing its first U-turn, speculation mounting ahead of the OPEC+ meeting and Japan warning of another possible FX intervention. Equity markets were flashing red once again on Monday as investors continue to fret over the outlook for the global economy.
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Attorney General George Savvides said Monday his office would be handing over the report into the 2005 death of a soldier to his family while ordering the police to reopen the incident as a possible murder case. Army conscript Thanasis Nicolaou had been found dead under a Limassol bridge 17 years ago, with authorities declaring
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The next non-monetary policy meeting of the Governing Council of the European Central Bank will be held on 5 October in Cyprus; an informal gathering will follow the day after. According to sources, Wednesday’s meeting will be held in Limassol following interest shown by Central Bank of Cyprus governor Constantinos Herodotou to host it, while
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Former Celtic boss Neil Lennon has blasted Cypriot refereeing again, claiming that officiating has driven him crazy in the few months he has been head coach at Omonia Nicosia. The Greens came out on top after a clash with Doxa Katokopias on Saturday, with Lennon hitting out over the time the officials took to decide
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A US-brokered draft deal between Israel and Lebanon over a dispute in demarcating a maritime border between them may help Cyprus to settle its issues with the two neighbouring countries. On Sunday, Israel gave its preliminary nod to a draft US-brokered deal demarcating a maritime border with Lebanon that may lead to profit-sharing in a
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Following a mini-heatwave, pushing temperatures to nearly 40 degrees Celsius over the weekend, Cyprus will return to cooler average climes for autumn. Cypriots got an unexpected opportunity to spend more time at the beach in scorching weather, as temperatures rose 9°C above the seasonal average of 31°C for October. Last week, the Met Office issued
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Lack of progress in identifying hundreds of missing persons is cruel and unacceptable; Presidential Commissioner Photis Photiou told relatives in Athens. As he said, “48 years have passed since the dark summer of 1974, and the humanitarian aspect of the problem of our missing persons remains unresolved.” “It is an inhumane and unacceptable situation that causes
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Property sales increased by 18% during the first nine months of 2022, compared to the same period last year. Also, the number of sale agreements submitted to the Land Registry increased by 36%, Director of the Department, Elikkos Elia, has told Cyprus News Agency. Elia said that 10,000 sale agreements are submitted annually and the exchange of 16,000-17,000
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International creditors have urged authorities to build on the strong prospects of the General Healthcare System by stepping up investments in the health sector and getting in foreign investors. The Troika was in Cyprus last week in a routine post-bailout check to ensure the government’s fiscal strategy is not derailed by COVID and the effects
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Lifting of the decades-long US arms embargo against Cyprus has vindicated the country for clearly demonstrating its policies belong to the West and does not waver from political allies, said Interior Minister Nicos Nouris. Nouris was addressing a US event for the anniversary of Cyprus Independence, organised by the Federation of Cypriot Organisations of America, in cooperation
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