Cyprus Archives - Page 122 of 417

Cyprus inflation at 13-year high

Cypriot consumers have seen their purchasing power reduce by more than 5% compared to a year ago as inflation hit a 13-year record high in January. If this wasn’t bad enough, consumers

27th February 2022

Cyprus/Economy

Turkey violates non-use of force principle

Recently, Turkey has escalated her threats against Greece and Cyprus, as witnessed by the statements made by the Ministers of Defence and Foreign Affairs of President Erdogan. They refer to the demilitarisation

26th February 2022

Comment/Cyprus

Making good decisions on property compensation

There should be a clarification on what is considered loss of property use and rental compensation for it. The subject came up in court cases where our office was an expert witness.

26th February 2022

Cyprus/Property

COVID19: Cyprus revises death toll upward to 841

The Health Ministry on Friday updated its data on deaths from COVID-19, reporting an additional seven deaths over the past year, which raised the total since March 2020 to 841 from 834.

25th February 2022

Cyprus

Another 36 speed cameras to be deployed

From April, Cyprus’ traffic camera network will be enhanced with 16 more mobile and 20 fixed cameras installed in towns, while another 66 devices will be imported by the end of the

25th February 2022

Cyprus

Russian VTB pulls out of RCB as sanctions bite

RCB Bank announced a change in its shareholding structure, as major stakeholders VTB Bank sold a 46.29% stake to shield its assets from UK sanctions following Russia’s invasion of Ukraine. VTB’s share

25th February 2022

Business

Cyprus, UAE build strategic partnership

Cyprus and the United Arab Emirates have established a Comprehensive Strategic Partnership to elevate their current bilateral relations in defence, shipping, trade, and energy. With a joint declaration on Thursday, Nicosia and

24th February 2022

Business

Another dam overflows as capacity reaches 85%

The Ayia Marina dam in Polis Chrysochous became the seventh Cyprus dam to overflow this winter, as total reservoir capacity reaches 85%. Ayia Marina, the island’s smallest dam with a capacity of

24th February 2022

Cyprus/Life & Society

Cyprus condemns attack on Ukraine

President Nicos Anastasiades on Thursday denounced Russia’s invasion of Ukraine, saying Cyprus condemns “any actions which violate the sovereignty and territorial integrity of an independent country”. Speaking from EXPO 2020 in Dubai,

24th February 2022

Cyprus/World

Cyprus energy security at risk

Under commitments made to the European Union, the Electricity Authority (EAC) may have to pull the plug on six steam turbines at its Dhekelia power plant, reducing its ability to meet demand.

24th February 2022

Energy