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32° Nicosia,
21 August, 2019
 

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Six rescued from sinking boat in Limassol

Six rescued from sinking boat in Limassol

Six people were rescued off the coast of Limassol on Friday after their boat took in water and started sinking...

Wiz Guide: 12 best places in Larnaca for Food & Drink

Wiz Guide: 12 best places in Larnaca for Food & Drink

Larnaca is on the rise. The city attracts more and more visitors every year, who seek to enjoy Larnaca’s culinary experiences and wide selection of restaurants and bars. The city of Larnaca is filled with wonderful places to explore and here they are: ...

Ayia Napa rape accuser’s lawyer fires back

Ayia Napa rape accuser’s lawyer fires back

The lawyer of a British teen, who is accused of making false statements to police in a rape complaint in Ayia Napa, says his client is a victim of revenge porn and wants to know who leaked a gangbang sex video...

Greece 2021

Greece 2021

Milestones often present opportunities and the upcoming 200-year anniversary of the start of the Greek War of Independence in 1821 could serve as an opportunity for a new beginning...

Lifeline as Parliament accepts President's referral

Lifeline as Parliament accepts President's referral

The House of Representatives has heeded warnings voting to accept the President's referral of legislation that would have made it difficult for banks to recover mortgaged non-performing exposures...

Officials spot loopholes in medical cannabis law

Officials spot loopholes in medical cannabis law

A number of provisions in the medical marijuana legislation were taken out prior to a vote, prompting officials to call for amendments to block doctors from prescribing cannabis without any limits...

Akar says effort to scrap guarantees on Cyprus 'futile'

Akar says effort to scrap guarantees on Cyprus 'futile'

Turkish Defense Minister Hulusi Akar has reportedly reiterated Ankara’s rejection of calls by Cyprus and Greece for a scrapping of the system of guarantees that were established when the island gained independence from Britain in 1960. ...

Trump hits China with more tariffs, sharply escalating trade dispute

Trump hits China with more tariffs, sharply escalating trade dispute

U.S. President Donald Trump vowed to impose a 10% tariff on $300 billion of Chinese imports from Sept. 1, sharply escalating a bruising trade war between the world’s largest economies and jolting financial markets. ...

Getting warmer this weekend

Getting warmer this weekend

Mostly clear skies are expected throughout the weekend with periods of scattered clouds and humidity levels likely to rise due to a low pressure system...

Finance Committee seeks compromise on foreclosures

Finance Committee seeks compromise on foreclosures

The House of Representatives Finance Committee meets on Friday to discuss proposals that would normalize the legislative framework on foreclosures...

North and south touch base on West Nile virus

North and south touch base on West Nile virus

Members on the Bicommunal Technical Committee on Health met Wednesday to discuss the West Nile virus, following one death in the north and a number of cases throughout the island...

All set for Akinci-Anastasiades meeting as President calls for leaders council

All set for Akinci-Anastasiades meeting as President calls for leaders council

In statements in Limassol after President Anastasiades had a meeting with UN Secretary General’s Special Representative in Cyprus and head of UNFICYP Elizabeth Spehar, Prodromou announced that “Anastasiades has convened a meeting with political party leaders on Monday, August 5, at 1030 hrs to hold discussions in view of his meeting with Akinci.” ...

Greece's Energean snaps up four new Israeli offshore licenses

Greece's Energean snaps up four new Israeli offshore licenses

Israel-focused Greek oil and gas group Energean was awarded four new Israeli offshore licenses in the so-called Exclusive Economic Zone, the company said on Wednesday...

Non-performing loans decline to €10.14 billion

Non-performing loans decline to €10.14 billion

Non-performing loans as defined by the European Banking Authority declined to €10.14 billion in March 2019, marking a reduction of €151 million compared to previous month. ...

Bishop probe ordered over gay comments

Bishop probe ordered over gay comments

The attorney general has ordered a probe into possible offences committed by Morphou Bishop Neophytos following controversial statements he made on homosexuality and other matter, while discussion about the debate is proving to be intense in the public domain...

Limassol police on alert after attempted murder

Limassol police on alert after attempted murder

Police are investigating a late night drive-by where a local businessman was shot in an apparent attempted murder outside his pub in Limassol...

Britain's LSE seals $27 billion Refinitiv deal to create data giant

Britain's LSE seals $27 billion Refinitiv deal to create data giant

London Stock Exchange has agreed to buy financial information business Refinitiv in a $27 billion deal, it said on Thursday, in a move to transform the British company into a market data and analytics giant. ...

Unemployment in Cyprus drops to 6.5%

Unemployment in Cyprus drops to 6.5%

The euro area seasonally-adjusted unemployment rate was 7.5% in June 2019, down from 7.6% in May 2019 and from 8.2% in June 2018. This is the lowest rate recorded in the euro area since July 2008. The EU28 unemployment rate was 6.3% in June 2019, stable compared with May 2019 and down from 6.8% in June 2018. This remains the lowest rate recorded in the EU28 since the start of the EU monthly unemployment series in January 2000. These figures are published by Eurostat, the statistical office of the European Union ...

Cocaine found on Cypriot-flagged ship

Cocaine found on Cypriot-flagged ship

Twenty-two seamen on board the Cyprus-flagged UBC Savannah have been detained in Mexico on suspicion of illegal drug trafficking...

S&P affirms Bank Of Cyprus ratings

S&P affirms Bank Of Cyprus ratings

Standard & Poor’s affirmed on Tuesday their `B+/B` long- and short-term issuer credit ratings on Bank of Cyprus Public Co. Ltd. (BoC), noting that the outlook is stable...

No policy shift seen on Crete-Attica power interconnection

No policy shift seen on Crete-Attica power interconnection

The new Greek government will toe the line of its predecessor on the urgent need for and the safeguarding of the construction of the Crete-Attica power interconnection project, while supporting the international connection of Greece with Cyprus and Israel, according to statements made by Energy Minister Kostis Hatzidakis after his visit to Cyprus...

Ercan officers suspended over police brutality video

Ercan officers suspended over police brutality video

Police officers at Ercan airport are being investigated over an alleged incident of violence, after a video made public showed a traveler being dragged and kicked by an officer while others were late to intervene...

Nicosia boy hospitalised after snake bite

Nicosia boy hospitalised after snake bite

A little boy in Nicosia has been admitted to the Intensive Care Unit following a snake bite incident...

Greece approves cut on property tax, eases arrears payment

Greece approves cut on property tax, eases arrears payment

The Greek parliament approved an across-the-board reduction of a deeply unpopular property tax on Tuesday, fulfilling an election pledge of new prime minister Kyriakos Mitsotakis....

ECB warns of 'significant negative impact'

ECB warns of 'significant negative impact'

The European Central Bank (ECB) has warned of “significant negative impact” to the Cypriot banking system in case a new law amending the legal on foreclosures is implemented. ...

Central Banker mulls bridging framework on foreclosures

Central Banker mulls bridging framework on foreclosures

The Central Bank will present recommendations aimed at rectifying the foreclosure framework it was announced on Thursday...

Ayia Napa C2 holds grand opening

Ayia Napa C2 holds grand opening

The Ayia Napa satellite casino is having its grand opening on Wednesday right in the heart of the resort town...

Tzionis gets life in Strovolos murders

Tzionis gets life in Strovolos murders

A Nicosia criminal court sentenced Loizos Tzionis to life imprisonment after he pleaded guilty to charges in the Strovolos double murder case in a surprise move in the courtroom...

Guarantees and Rights of Intervention

Guarantees and Rights of Intervention

Both Turkey’s illegal invasion in 1974 and its occupation of Cyprus, were claimed to be based on its own interpretation of the Treaty of Guarantee. These arguments are well known. Today, Turkey still insists on the same interpretation of this Treaty....

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