Turkey has purchased its third offshore drilling vessel which is to be delivered next month, President Tayyip Erdogan said on Wednesday, adding that the ship will begin operations in 2020. Speaking to
The Akamas National Forest Park will be open to the public by the end of 2022 with the government committed to achieving this goal, said President Nicos Anastasiades. The President was addressing
Cyprus tainted as a centre for match-fixing has come as no shock, said Justice Minister George Savvides about a damning report by Spanish website El Confidencial. “The report does not come as
As property sales slow in Cyprus’ residential sector, buy-for-rent is breathing new life into the real estate market as it is now proving very attractive for investors. Danos’ CYPRUS PROPERTY MARKET 2019
Cyprus’ ESTIA scheme subsidising borrowers with toxic mortgages is off to a shaky start as only one-fifth of applications submitted are expected to be approved as the large majority were filed incomplete.
France supports Cyprus in an escalating dispute with Turkey determined to drill for energy resources in Cypriot waters, said French Defence Minister Florence Parly on Tuesday. Parly met Cyprus President Nicos Anastasiades
Strong growth prospects and sustained fiscal discipline places Cyprus on a firm declining path but contingent liabilities, healthcare and public sector wage-related costs, as well as weaker external conditions, pose risks to
Turkey is taking advantage of worsening relations between Russia and NATO to push for more influence in the eastern Mediterranean and most countries have failed to react, Cyprus warns. “Turkey feels unrestrained given U.S. efforts to
A surge in tourists from Israel helped Cyprus achieve a record number of arrivals for January, increasing 4.5% annually to exceed 85,000. According to official figures, arrivals of tourists reached 85,622 in
Cyprus reunification would see the income of Greek Cypriots and Turkish Cypriot increase by 7% within a decade post-solution, a World Bank and U.N.-funded report said. Study authors Enrique Aldaz-Carroll and Reena
