Six cars were torched during a football match in Limassol while a father and son were attacked by opposing fans, as more incidents of hooliganism blight the game. The cars were set ablaze on Sunday night during a top-of-the-table clash between Apollon and APOEL that was taking place at Limassol’s Tsirion Stadium. They belonged to
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Cyprus believes there is a good possibility that the US will soon completely lift its arms embargo on the Republic. The Foreign Ministry said it expects the institutional process to examine the issue will be launched without prejudice to the outcome of US internal procedures. It believes the Republic of Cyprus has now fulfilled all requirements
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Bitcoin dipping to a three-month low is seen by investors as a buying opportunity because the cryptocurrency has just reached a landmark moment in becoming adopted as a significant currency, according to a leading financial advisor and head of a fintech. The digital asset fell Monday to $33,710, the lowest since 24 January. By early
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The government has tabled a bill before parliament with which the Chief of Police can hire 300 special police officers for 18 months to stem rising migrant flows from the breakaway north. The bill has already been approved by the Cabinet and is expected to be passed by the House in the coming weeks. According
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Cyprus is the only country in the European Union where a majority disagrees that Russia is responsible for the conflict in Ukraine, while over half of Cypriots do not support sanctions against Moscow. According to a Flash Eurobarometer survey on the war in Ukraine, most EU citizens either totally (52%) or tend to agree (26%)
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This summer, 50 airlines are expected to operate flights out of Larnaca and Paphos airports on 140 routes, including five new ones, from 95 destinations in 38 countries, said operator Hermes. “Based on the current planning, the summer period shows positive signs, with airlines scheduling a significant number of flights,” said Hermes Airports. In April,
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Cyprus’ services sector cannot sustain another blow from new EU sanctions on Moscow over its invasion of Ukraine, as the EU targets services to Russian firms, said Foreign Minister Ioannis Kasoulides. Kasoulides said that sanctions should not be hurting EU member states more than they do Russia, and he would be tabling Cyprus’ views to
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In a landmark move, the British Bases is lifting restrictions on property development within non-military areas, allowing for business and tourism growth stunted for decades. Nicosia describes the move as ‘historic’ and honours an agreement signed by Cyprus and the UK in 2014. The new non-military development planning system starts on 16 May, with an
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The ghost of stagflation is once again looming on the horizon, and investors should make sure their personal financial planning strategies are such to mitigate risk but still build and grow wealth for the longer-term, says a leading independent financial advisor. Stagflation is a period when slow economic growth and joblessness coincide with rising inflation.
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This administration knows its time is nearly up, so it has grown a thicker skin than usual to society’s ills and hidden in its bunker of unkept promises and platitudes. Even though the Presidential Elections are nine months down the road, you can already hear the government shutters coming down. The President will have trips
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