French Armed Forces Minister in Cyprus visit

France’s Armed Forces Minister Florence Parly will hold talks on Tuesday morning with Cyprus President Nicos Anastasiades, and Defence Minister Savvas Angelides on closer military cooperation. Parly will also visit the French

Cyprus banks need to be more imaginative

Cyprus Central Bank Governor Constantinos Herodotou argues profitability and the need to find new banking products besides lending, is a big challenge for banks of a small country. He said that geography,

Turkey trying to open Varosha is “unacceptable”

Cyprus said Turkey’s “provocative actions” to open the fenced-off town of Varosha will not be tolerated, warning that Nicosia will not remain with its “hands tied”. Turkish and Turkish Cypriot officials entered

Huge €1.2 bln development for Larnaca

Cyprus has reached an agreement with Israeli investors for the long-awaited €1.2 bln redevelopment of Larnaca port and marina, the island’s largest infrastructure project of its kind Transport Minister Yiannis Karousos announced

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Power surge for electric vehicles

In a push to promote electric vehicles the government is preparing another incentive scheme to tempt motorists to scrap their conventional cars by essentially offering them a way to charge their electric

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