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1621. Brexit-hit EU staff ditch UK passports

About one in 10 British civil servants at the European Commission has taken another EU nationality since the Brexit vote, but are nonetheless resigned to scant prospects of future promotion...

1622. Radisson hotels take over Larnaca

The well known Radisson hotel chain will soon be welcoming guests in Larnaca, with Radisson Blu coming in July and two more in the works ...

1623. Bank of England keeps powder dry on rate rise

The Bank of England held interest rates and said weak growth during a snowy start to 2018 was likely to be only temporary, but it wanted to see a pick-up in the economy in the next few months before raising borrowing costs...

1624. TUI plans to bring more German tourists to Cyprus

TUI holiday operator hopes to bring more German tourists to Cyprus next year, starting in the summer of 2019 while boosting efforts to make the island an all-year-round destination...

1625. EBRD more upbeat about Cyprus growth rate

The European Bank for Reconstruction and Development has revised significantly its projection for Cyprus’ economic growth rate this year, in the context of a wider upward revision of its forecasts for the EBRD regions...

1626. Cyprus-Egypt gas pipeline could cost $1 billion

A pipeline connecting Cyprus’ Aphrodite gas field to Egypt’s liquefied natural gas (LNG) facilities will cost between $800 million and $1 billion, Egyptian petroleum minister Tarek El Molla said on Monday...

1627. Experts says Cyprus economy to grow by 3.8% this year

The Cypriot economy will pick up momentum in 2018, the University of Cyprus’s Economic Research Centre predicts, upgrading its growth forecast to 3.8% compared with its previous projection of 3.6%. ...

1628.  Nobel Literature prize scrapped for 2018 over sex scandal

No Nobel Prize for Literature will be given this year, because of a scandal over sexual misconduct allegations that has seen a string of board members resign from the board of the Swedish Academy that makes the award...

1629. EU predicts strong growth as unemployment declines

The Commission foresees a "strong growth momentum continuing" in the coming years, but warned of risks widening...

1630. Oil tank demolition paves the way for a new Larnaca

The first oil tank demolition started Thursday on the old Larnaca-Dhekelia road, with President Nicos Anastasiades doing the honours by helping cut the first piece using a welding torch...

1631. Another UK minister bites the dust over immigration

Home Secretary Amber Rudd resigned on Sunday after Prime Minister Theresa May’s government faced an outpouring of indignation over its treatment of some long-term Caribbean residents who were wrongly labelled illegal immigrants...

1632. Construction of Ayia Napa marina enters second phase

The construction of the Ayia Napa Marina recently entered its second phase, as a recent video allows viewers to imagine how this magnificent project could raise the game for local business and tourism on the island. ...

1633. New Turkey's hasty birth

The way in which the snap elections were called is not normal, nor is the unsettled situation in the country and on its borders...

1634. Limassol residents want mobile antenna removed

Pissouri residents threaten to pull their kids out of school if Limassol authorities fail to remove a mobile telephony tower that is transmitting next to the community’s elementary school. Scientists remain unconvinced of any real health risk over wifi signals, but parents insist they don't want to take any chances....

1635. Cyprus recovery is being recognised by international agencies

Fitch does not currently anticipate developments with a high likelihood of leading to a downgrade...

1636. Early elections in Turkey give Greece the jitters

Recep Tayyip Erdogan’s decision to call for snap elections on June 24 is of direct consequence to Greece, more than at any other time, as the Turkish president increasingly espouses a nationalist stance and invests in the political gains this brings him....

1637. Erdogan declares early elections

President Tayyip Erdogan said on Wednesday Turkey’s presidential and parliamentary elections will be brought forward to June 24, more than a year earlier than planned, saying the country urgently needed to make the switch to an executive presidency....

1638. IMF projects Cyprus GDP growth to exceed 4% in 2018-19

According to the forecasts included in the WEO, based on previous assessments, the Cypriot economy is expected to record a growth rate of 3.6% in 2018 and 3% in 2019 - lower than last year's 4% and the IMF prediction...

1639. Supply teachers go on strike

1640. Banks in Cyprus, Greece and Portugal may need further reserve build-up

Fitch also notes that average NPL/total loan ratios at the EU`s largest banks had declined to 4% by end-2017 from 6.5% at end-2014...

1641. Nigeria's Boko Haram has abducted more than 1,000 children since 2013

One young woman, Khadija, now 17, who was abducted after a Boko Haram attack on her town, then locked in a room, forced to marry one of the fighters and repeatedly raped...

1642. Tesco beats guidance with 28 percent full-year profit increase

Lewis joined Tesco in September 2014, tasked with turning around the group which had been hit by a fall in sales and profits due to changing shopping habits...

1643. Hundreds of flights cancelled in Germany as airports hit by public sector strikes

Unions will escalate the dispute if employers do not present an offer next week...

1644. Turkey will get Russian S-400 missiles next year

The deal worth some $2.5 billion has worried the West because the system cannot be integrated into NATO’s military architecture...

1645. Oil and gas tanks on the way out

The oil refineries will be out of the picture before the decade is out based on a decision during a meeting at the Presidential Palace....

1646. Firm challenges blue British passport contract going to France

De La Rue said it would seek a judicial review of the provisional decision to award the British passport contract to an overseas company...

1647. Bad loans still high despite fast economic growth

Cyprus' economic growth has been supported by construction, tourism and professional services...

1648. A year away from Brexit views remain as entrenched as ever

17.4 million Britons who voted to quit the EU in a 2016 referendum, giving the Brexit campaign victory over the 16.1 million voters who wanted to stay...

1649. UK urged to prioritise travel in Brexit talks to create jobs

The WTTC predicts tourism could create around 400,000 new jobs in Britain over the next 10 years...

1650. EU agrees Brexit transition

May has described as unacceptable any possible deal that cuts Northern Ireland off from the rest of the UK...