The Aphrodite Waterpark in Paphos has been sold for EUR 5.1 mln by Aristo Developers as part of its plan to exit out of non-core property management and development businesses. Aristo Developers sold 60% of the holding company, A&A Super Aphrodite Park Ltd to two existing shareholders (unnamed) for a total of EUR 5.176.297 in
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European Commission President Jose Manuel Barroso will attend the euro adoption celebrations of Cyprus, which take place today in the capital Nicosia. During his visit he will also hold a meeting with the President of the Republic Tassos Papadopoulos and visit the European Commission Representation in Cyprus. He will also meet with the Mayor of
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By Blaise Robinson PARIS, Jan 18 (Reuters) – European equities were higher around midday on Friday, snapping a three-day losing streak as merger talk lifted miners while investors started to snap up recently beaten-down shares. But fears over the prospect of a U.S. recession as well as concerns over banks’ exposure to the debacle in
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BEIJING, Jan 18 (Reuters) – Iran’s top nuclear negotiator Saeed Jalili said on Friday his country and China had a “basically similar” stance on Tehran’s nuclear programme. China and Iran also had a consensus on arms control, nuclear non-proliferation and the peaceful use of nuclear power, Jalili told a news conference in Beijing after meeting
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By Gareth Jones Turkey says its EU entry bid will be the priority in 2008, but moves to end a Muslim headscarf ban and change the constitution could get in the way of implementing reforms to satisfy the European Union. President Abdullah Gul said this week that domestic matters, including parliamentary and presidential elections, had
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Cyprus President Tassos Papadopoulos and eight others applied on Friday as candidates to run in the island’s Feb. 17 presidential election which could be key to reunification talks and Turkey’s hopes of joining the EU. Papadopoulos, now leading opinion polls, is up against a popular Communist leader, a former foreign minister, a businessmen, a coroner
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The Foreign Ministers of the Mediterranean EU Member States, also known as the “Olive Groupâ€, concluded their fifth informal meeting held in in Paphos, Cyprus, on Thursday and Friday. An official announcement said the ministers “had an open and fruitful exchange of ideas on various issues that are of high importance for the Mediterranean region
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Demco Insurance Ltd., the newly licensed insurance company owned by Greek entrepreneur Demetris Kontominas, will soon expand its operations to Greece and may consider offering limited life insurance to complement its full range of general insurance products. Demco Insurance Chairman Demetris Kontominas said the company aims to be active in Cyprus and Greece and does
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The popularity of New Zealand lamb in Cyprus, the signing of a pensions agreement that would help Cypriots in New Zealand return home after retirement and increased trade were discussed between the new High Commissioner of the Commonwealth state and President Tassos Papadopoulos on Monday. The president received at a formal ceremony at the Presidential
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Cyprus will host the 5th Informal Meeting of the Foreign Ministers of Mediterranean EU member states on Thursday and Friday at the Aphrodite Hills Resort in Paphos. This informal meeting is convened twice a year, at the beginning of each EU Presidency in order to coordinate and strengthen cooperation among the Mediterranean countries, members of
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