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12° Nicosia,
01 March, 2025
 

News Stream

Coral Bay trial ends with sentence

Coral Bay trial ends with sentence

The man who ran down Charlie Birch in Coral Bay last year has been sentenced to 2.5 years, following a protracted legal battle that had charges reduced twice in the course of the trial...

Bloomberg: Turkey has abandoned the West

Bloomberg: Turkey has abandoned the West

In an opinion piece Bloomberg's editorial board writes that Turkey is an increasingly erratic ally that is no longer worth the risks. ...

US removes Turkey from F-35 program after Russian missile purchase

US removes Turkey from F-35 program after Russian missile purchase

The United States said on Wednesday that it was removing Turkey from the F-35 fighter jet programme, a move long threatened and expected after Ankara began accepting delivery of an advanced Russian missile defence system last week. ...

Israeli dozen remanded in gang rape case

Israeli dozen remanded in gang rape case

A Famagusta district court ordered twelve suspects from Israel to be remanded in custody for eight days, in connection with an investigation into an alleged gang rape of a 19-year-old British female in Ayia Napa...

Moscow irked by EU sanctions against Turkey

Moscow irked by EU sanctions against Turkey

Moscow “cannot accept” the European Union's decision to slap Turkey with sanctions over its illegal drilling for hydrocarbon deposits in Cyprus' exclusive economic zone, Russian Foreign Ministry spokeswoman Maria Zakharova was quoted by the TASS news agency as saying at a briefing on Wednesday. ...

Anastasiades ready to meet Akinci

Anastasiades ready to meet Akinci

In a statement government spokesperson Prodromou said that President Anastasiades ''is pleased that Mr. Mustafa Akinci, contrary to his proposal on the issue of hydrocarbons on 13 July, in his letter to the Secretary-General of the United Nations dated July 10, suggests the convening of an informal conference on the Crans Montana model, basically adopting one of the proposals that the President of the Republic has written in his letter to the Secretary General in his letter of 14 June.''...

Moody's warns foreclosure laws increase risk for banks

Moody's warns foreclosure laws increase risk for banks

Cyprus’ new foreclosure framework hampers banks efforts to reduce NPLs said credit rating agency Moody's in an announcement on Thursday....

Ayia Napa marina full speed ahead

Ayia Napa marina full speed ahead

Despite considerable progress on the Ayia Napa Marina construction so far, a July completion is being pushed back as more work on infrastructure is necessary...

Firms including MOL, Osaka, Gaslog, chosen in Cyprus FSRU LNG tender

Firms including MOL, Osaka, Gaslog, chosen in Cyprus FSRU LNG tender

Three joint ventures have been selected by Cyprus in the first stage of a tender to provide a floating storage and regasification unit (FSRU) to import liquefied natural gas (LNG)...

No time for mixed signals

No time for mixed signals

We are entering a very thorny patch in Greek-Turkish relations. Turkey’s activities within Cyprus’ exclusive economic zone (EEZ), combined with the standoff with the United States over Ankara’s acquisition of the Russian S-400 missile defense system are increasing the tension further in Greece’s wider region. ...

Officials say Akamas fires were malicious

Officials say Akamas fires were malicious

A forest fire in Lara on the western coast appears to be the result of arson after forestry officials discovered black coal in four different locations...

Israeli teens head to court in gang rape case

Israeli teens head to court in gang rape case

Twelve young Israelis, all males in their late teens, are heading to court on Thursday following accusations by a young British woman who says she was a victim of gang rape at a hotel in Ayia Napa...

Cyprus, diplomacy and the dizzying gas effect

Cyprus, diplomacy and the dizzying gas effect

The spin on political developments in Cyprus has had a dizzying effect on the public but state institutions seem unshaken...

US to participate in East Med energy summit

US to participate in East Med energy summit

At an Economist conference in Greece it was announced that United States Assistant Secretary of State for Energy Resources Frances Fannon will participate in the East Med energy summit in Athens which will be held on the 29th of July along with the the Ministers of Energy from Cyprus Yiorgos Lakkotrypis, Greece's Kostis Hatzidakis and Israel's Dr. Yuval Steinitz....

Man sentenced in arcade cannabis trial

Man sentenced in arcade cannabis trial

The main suspect in the cannabis-stuffed claw machine trial has been sentenced to 14 years, after refusing to reveal the brain behind the illegal operation...

Ayia Napa tourist says she was gang raped

Ayia Napa tourist says she was gang raped

Police are investigating allegations of gang rape, following a complaint filed by a female tourist in Ayia Napa...

Cyprus to establish diplomatic relations with North Macedonia

Cyprus to establish diplomatic relations with North Macedonia

At an Economist conference in Lagonisi it was revealed that Cyprus will establish formal diplomatic relations with North Macedonia ...

Golden Dawn voters, women and Mitsotakis

Golden Dawn voters, women and Mitsotakis

Some foreign journalists have in recent days made two negative observations regarding New Democracy’s victory in the July 7 snap election and the makeup of the new cabinet...

Paphos-bound plane hit by lightning

Paphos-bound plane hit by lightning

A plane that landed at Paphos International Airport was struck by lightning on Tuesday, with reports saying Ryanair passengers were unharmed during the incident...

State Department expresses ‘deep concerns’ over Turkish drilling off Cyprus

State Department expresses ‘deep concerns’ over Turkish drilling off Cyprus

Washington expressed “deep concerns” over Turkey’s insistence on conducting drilling operations in Cyprus’ offshore maritime zone ...

Trump says 'not fair' that U.S. can't sell F-35s to Turkey

Trump says 'not fair' that U.S. can't sell F-35s to Turkey

U.S. President Donald Trump said on Tuesday it is “not fair” to either Turkey or the United States that Washington cannot sell Ankara billions of dollars worth of F-35 fighter jets after it bought a Russian air defense system...

Talent shortages costing European private businesses €414 billion each year

Talent shortages costing European private businesses €414 billion each year

European private businesses’ biggest challenge is the increasingly growing skills shortage that is preventing them from hiring the right talent for growth. A PwC survey across 31 European countries shines a spotlight on a wider, ongoing issue across the region. PwC estimates that the skills shortage is costing the region €414 billion annually in lost revenues - just from private businesses. That’s around 2.6%of European GDP and is more than the combined annual GDP of Greece and Portugal. ...

Bidding for Nicosia bypass begins

Bidding for Nicosia bypass begins

The government has issued a public highway tender for the first phase of the long-awaited Nicosia bypass, which is expected to significantly reduce traffic jams in the capital...

Anastasiades congratulates new EU boss

Anastasiades congratulates new EU boss

President Nicos Anastasiades congratulated Ursula von der Leyen on becoming the European Commission’s next president, narrowly winning election in the European Parliament...

President's response to Akinci's proposal being drafted

President's response to Akinci's proposal being drafted

Cyprus President, Nicos Anastasiades` response to the proposal of Turkish Cypriot leader Mustafa Akinci on the co-management of the natural resources is already being drafted, a government source has told the Cyprus News Agency (CNA). Anastasiades` response will be sent to Akinci as well as to the UN Secretary General, Antonio Guterres and the EU officials to which Akinci`s proposal was also delivered....

ONE redefines Limassol skyline

ONE redefines Limassol skyline

A new time-lapse video online shows a glimpse of the ongoing construction of ONE, one of Limassol’s skyscrapers reshaping the southern resort town’s skyline...

National Council dismisses Turkish natural gas proposal

National Council dismisses Turkish natural gas proposal

The national council unanimously rejected a proposal by Turkish Cypriot leader Mustafa Akinci to co-manage the islands’ natural gas resources...

EY: Renewable energy is taking strides towards a subsidy-free era

EY: Renewable energy is taking strides towards a subsidy-free era

The renewable energy sector is entering a new phase of subsidy-free growth across the world, according to the 53rd EY Renewable Energy Country Attractiveness Index (RECAI). Mainland China and the US remain at first and second positions respectively on the top 40 ranking, while France moves up two positions to third from fifth, led by a new focus on floating offshore wind capacity and doubling of its annual targets for onshore wind capacity additions...

Band of rain on the way

Band of rain on the way

A low pressure system is affecting Cyprus, with humidity levels dropping noticeably while chances go up for strong winds and widespread rain later in the week...

Turkey rejects EU sanctions, vows to continue drilling

Turkey rejects EU sanctions, vows to continue drilling

EU Foreign affairs ministers who met in Brussels on Monday endorsed a decision to curb diplomatic contacts and funding for Turkey. In response the Turkish MFA issued a statement signalling that the conclusions adopted by the EU Foreign Affairs Council ‘’will in no way affect Turkey's determination to continue its hydrocarbon activities in the Eastern Mediterranean’’...

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