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6031. East Med gas could supply Europe

Eni’s Luca Bertelli said his company’s recent discovery of a gas off Cyprus contains “almost pure methane” confirming potential for more gas discoveries in the region...

6032. Cyprus won't abandon gas search despite geopolitical challenges

Drillings planned in Cyprus' EEZ for 2018 mainly by ExxonMobil will give a pretty good idea about the island's resources...

6033. Co-op Bank en route to healthy future

Cyprus Co-operative Bank will be healthier without a massive NPL problem. Already it has managed to cut down on the number of branches and reduce its staff, but now the big step is finding investors with the right kind of portfolio to move banking forward....

6034. President ready for social meeting with Akinci

6035. Erdogan to send drillship into East Med

Erdogan: Turkey's stance towards exploration projects for oil and gas has “hopefully taught some a lesson”...

6036. Human traffickers found guilty

A known Cypriot lawyer was found guilty along with six others in a human trafficking case, where Romanian women were lured to Cyprus for jobs but ended up being locked up until they preformed fake marriages with men from third countries...

6037. Cypriot and Georgian parliaments support closer ties

President of the House of Representatives Demetris Syllouris, in Georgia on the first official visit by a Cypriot House Speaker to the country, has expressed his wish to enhance ties with the Georgian parliament....

6038. Nearly 400,000 Cypriots gamble

A total of 399,750 Cypriots above the age of 15 are involved in gambling activities, according to a survey by the National Betting Authority (NBA). The voice calling for more action is getting louder....

6039. Cypriot teacher in UK named best in the world

A London educator of Greek Cypriot origin, Andria Zafirakou, has been named the world’s best teacher, winning a prize of $1 million and receiving congratulations from leaders around the globe. But her greatest achievement is her unwavering dedication to her low-income-family students, who need more than anything a quiet place to do their work....

6040. President tells US official he is ready for Cyprus talks

The President highlighted the reasons why talks collapsed in Switzerland last year...

6041. US backs Cyprus search for offshore gas

ExxonMobil and partners Qatar Petroleum are scheduled to start drilling southwest of the island this year...

6042. ENI says it will follow through

Foreign Minister Nicos Christodoulides got a reassuring statement in Rome from ENI’s Executive Vice President Lapo Pistelli, who said the energy company will honour its commitments with Cyprus. ...

6043. Focus on responsible borrowers

Finance Minister Harris Georgiades says responsible borrowers deserve help, but draws the line where strategic defaulters take advantage of loopholes and don't repay their loans...

6044. Cyprus-Egypt agree on pipeline terms

A final draft has emerged with Egypt and Cyprus agreeing the terms that would regulate the construction of an underwater pipeline from the Aphrodite gas field to two LNG terminals, Idku and Damietta. Experts hope that other players would jump on board to justify further such a commercial endeavor. ...

6045. Employment increased in last quarter of 2017

Cypriots worked more hours in Q4 2017 than the year before...

6046. US doesn't expect any problems with Turkey

She stressed that the best way to work out how to share resources would be to have a Cyprus settlement...

6047. First ExxonMobil research vessel sails into Limassol

Test drilling in Block 10 is scheduled to take place in October...

6048. Moody's sees robust economic recovery helping Cypriot banks

It expects that banks will continue to make progress on restructuring troubled loans and selling real-estate collateral...

6049. Akinci's dithering is harming peace efforts

The Greek Cypriot side believes that Akinci’s dithering is not unrelated to the EU-Turkey summit in Varna later this month...

6050. Turkish Cypriots vow to launch gas search unless Nicosia pulls back

Greek Cypriots have repeatedly said a peace deal would allow both communities to benefit from any offshore resources...

6051. Officials deny Turkish Cypriot claims of foot dragging over new crossings

There were high hopes of a Dherynia crossing but politics has got in the way...

6052. ExxonMobil ship to set anchor off Limassol

Cyprus energy minister says ExxonMobil is sending two ships, one arriving Tuesday night, to locate targets for October drilling in Cypriot EEZ...

6053. Boozy Brits no longer welcome in Ayia Napa

The mayor of Ayia Napa, like his counterparts in resorts such as Magaluf, Ibiza and Hvar, has called time on the “low quality youth” market...

6054. Seven Cypriots named in Forbes' Billionaire list

Foreign businessmen are among the Cypriots listed on Forbes’ Billionaire list in 2018, with all seven of them totalling €17.6 billion in combined net worth despite none of them residing on the island. ...

6055. Paphos holds title for selling land to most foreigners

The booming city of Paphos has managed to defend its title for being at the top of real estate sales to foreign buyers, surpassing Limassol which is a very popular investment destination particularly for Russians. But there is some criticism over some of the tools being used to attract buyers, namely the cash-for-passport scheme....

6056. Cypriot musician arrested by US immigration agents

Agents were in the process of identifying and arresting another illegal immigrant and found that Efthymiou had overstayed his visa...

6057. UN available to host leaders' dinner

There are no clear signs when a new peace initiative might get off the ground after the latest failure...

6058. UK wants Cyprus gas exploration to go ahead

Britain says Cyprus’ hydrocarbons should be developed for the benefit of all Cypriots ...

6059. There is nothing natural about gas debate

There are many interests at stake, of multiple colours since we are dealing with flags, and so there will definitely be a discussion on gas. And even if we are talking about something found in nature… I expect this discussion to be anything but natural....

6060. Turkey renews threat against Cyprus offshore gas exploration

Prime Minister Binali Yildirim said that “provocative activities will be met with the appropriate response”...