With Turkish assets plunging and the lira collapsing 10% in just 30 minutes on Tuesday, investors have made one thing unmistakably clear: political drama will not be tolerated when confidence is already
Government measures have been taken in response to Turkish occupation forces encroaching on the UN-controlled buffer zone in Ayios Dometios in Nicosia, according to government spokesman Konstantinos Letymbiotis. Asked about the measures
An incident involving Turkish soldiers taking up a position in the UN-controlled buffer zone appears to be part of the broader approach by Ankara to challenge the status quo, said government spokesperson
Cyprus has denounced the 40th anniversary of the unilateral declaration of independence by the Turkish Cypriots and called for talks to resume based on a federal solution. Anti-occupation events are taking place
Perhaps no question concerning the Middle East and Europe today has been more loudly voiced than “What is Turkey doing?”. And rightfully so, Turkey, once hailed by the international community as a role
The European Union has joined the government and, surprisingly, the Turkish Foreign Ministry in welcoming the UN-brokered agreement on the Pyla road dispute as bringing mutual benefits. Posting on the X platform,
Armenians of Cyprus defied pouring rain to march through the capital Nicosia on Sunday demonstrating against Azerbaijan’s “ethnic cleansing” of Nagorno-Karabagh, with similar protests organised in twenty other European capitals. Several hundred
On 21 September, the Central Bank of Turkiye (CBRT) raised its policy rate by 500 basis points (bp) to 30%, following a larger-than-expected 750bp increase in August and a more moderate pace
The Council of Europe’s Committee of Ministers has stressed that Turkey must pay without delay €60 mln in damages to Greek Cypriots who cannot access their properties in the Turkish-occupied north. According to a
Turkey’s Central Bank cemented the country’s policy shift with a super-sized rate hike, raising its key interest rate by a lofty 500 basis points to 30%. The latest hike marks a second
