Larnaca-based TUS Airways is to expand its flight schedule from Cyprus, including additional destinations such as Brussels, Paris, and Beijing. Presenting TUS’ new flight plan on Wednesday, General Manager Michael Weinstein said
Cyprus has managed to evacuate 42 people, including Greeks and Cypriots, from war-torn Kyiv and get them safely to Romania and then to Greece. The Foreign Ministry said among those evacuated are
Cyprus’ banking system is on high alert after the Russian invasion of Ukraine, and the European Union’s financial sanctions on Moscow mean it must adapt business and investment plans to fend off
Cyprus has “shot itself in the foot” by joining the EU’s ban on Russian aircraft, said Russia ambassador Stanislav Osadchiy, amid concerns over another lost tourism season. In an interview with Sigma
Irena Georgiadou, the former chairperson of Hellenic Bank, has joined the board of RCB Bank, following changes at the Limassol-based bank, including the announcement last week of its shareholding restructure. Georgiadou, 46,
The ministries of Transport and Tourism are striving to offset the impact of excluding air traffic from Russia. Cyprus, along with the other 26 EU member states, closed its airspace to Russian
Cyprus striving to recover from the pandemic is hindered after the EU’s latest banking sanctions on Russia will also affect the island’s services sector, say stakeholders. Many Russian offshore companies will now
Cyprus supports the mandatory resettlement of migrants from countries currently receiving large waves of Ukrainian refugees, said Interior Minister Nicos Nouris. He said EU Interior Ministers expressed their support for the sanctions
Cyprus Monday closed its airspace to Russian planes under agreed EU sanction but reserved the right to change its mind if Turkey does not do the same. Foreign Minister Ioannis Kasoulides said
In the aftermath of Russia’s invasion of Ukraine and sanctions could inflict wounds on the Cypriot economy, including trade, higher fuel prices and the key tourism sector where 22% are Russia and
