International oil companies submit today their tenders for a license to search and exploit possible hydrocarbon reserves in the Cyprus’ exclusive economic zone. Permanent Secretary of the Ministry of Commerce, Industry and Tourism, Efstathios Hamboullas, told CNA today that the submission of tenders began at 0800 and will be concluded at 1430 (local time) at
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The industrial turnover index (mining and quarrying; manufacturing; electricity, gas and water supply) for May 2007 reached 144.0 (base 2000 = 100). This represented an increase of 4.5% compared with May 2006. In the period January-May 2007 the index recorded an increase of 7.4% compared to the same period of the previous year. In the
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President of the Republic of Cyprus, Tassos Papadopoulos, has stressed here Sunday that responsibilities will be attributed to those who will be found guilty for the 14th of August, 2005 crash of an “Helios†Airways plane that killed all 121 people on board. President Papadopoulos, who attended the memorial service for the 121 air crash
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The Orthodox Church of Cyprus condemned the Turkish government’s stance not to allow Archbishop Chrysostomos II to visit the Ecumenical Patriarch of Constantinople, Bartholomew. In statements on Sunday, Archbishop Chrysostomos II, said he condemned the Turkish government’s stance on the issue, as well as a Turkish Court’s decision to withdraw the word “ecumenical†from the
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A total of 964,095 tourist arrivals were recorded during the first six months of 2007, according to figures released by the Cyprus Tourism Organisation (CTO). Most arrivals were from the United Kingdom (507,199), Germany (61,894), Greece (64,192), Sweden (47,172), Norway (20,394), Denmark (13,937), France (17,714), Switzerland (15,199), the Netherlands (11,119), Belgium and Luxembourg (11,816), Ireland
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The European Commission has developed a medical intelligence system that constantly collects and sorts information from more than 1000 news and 120 public health websites in 32 languages. Complementing traditional approaches, the system, called MediSys, will provide health authorities with real-time knowledge about disease outbreaks or industrial accidents, thereby helping to identify such incidents as
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Cypriot Andreas Hasikos has won the skeet shooting gold medal in the 24th World University Games. With his victory, Hasikos has contributed to the Cypriot team of athletes clinching the silver medal for teams, combined with the achievements of Vassilis Soteriou and Elias Mastrou. The Italian group of athletes has won the gold medal and
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The relatives of the 121 victims of the plane crash of 14 August 2005 do not wish vindication of the guilty party over time but want to drive those responsible to justice. President of the Committee of the Relatives of Victims Nicolas Yiasoumis has told reporters at Larnaca Airport, before departing for Greece for a
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Currency traders should not get fooled by rebounding equity markets according to research by BNP Paribas analysts who note that cash rich retail investors seem to follow a ‘buy the dip strategy’ but with hedge funds reporting heavy losses, liquidation in this market segment is likely to continue. Withdrawing funds from leveraged accounts does require
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UK consumer prices rose 1.9 percent from a year earlier, down from 2.4 percent in June, the Office for National Statistics said with the rate going well below the Bank of England’s 2 percent target for the first time since March 2006 last month, weakening the case for another interest-rate increase. The pound fell below
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