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2821. 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....

2822. Cyprus in talks with ENI-Total over energy strategy

Talks also involve the next steps in the country’s energy strategy in which Italy's ENI and France's Total have a big part to play....

2823. Hourican is one of the best paid Irish bankers

The Dubliner CEO of the Bank of Cyprus, was paid €2.1 million last year, putting him among the best-paid Irish bankers in the world...

2824. Bad loans still high despite fast economic growth

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

2825. Father wins court battle to stop child being moved to north

The man, aged 43, instructed lawyers to go to the Court of Session in Edinburgh after his former partner told him of her wish to relocate...

2826. Cobalt Air spreads its wings to Denmark

Cobalt Air continues its European expansion this month with another inaugural flight, which will be a twice-weekly economy service from Larnaca to Copenhagen,Tuesday and Friday. ...

2827. Cyprus has fourth lowest fertility rate in the EU

The highest shares of births of a first child to teenage mothers were recorded in Romania (14.2%)...

2828. Cyprus central government debt at €18.3 billion at end 2017

Cyprus central government debt reached 18.315 million in the end of 2017 marking a decline of 3.6% compared with 2016, according to data released today by the Finance Ministry’s Public Debt Management Office (PDMO)....

2829. Cyprus and Turkey before the Grand Chamber

An unsolved murder case is going before the Grand Chamber of the European Court of Human Rights on Wednesday, with Cyprus and Turkey being accused of refusing to cooperate to solve the crime, despite both Greek Cypriots and Turkish Cypriots carrying out separate investigations. ...

2830. Loans in banking system reach €51.1 billion

Total deposits in February recorded a net decrease of €29.2 million...

2831. Ayia Napa moves ahead with golf course

The construction of a golf course in Ayia Napa is moving ahead, trying to raise the profile of a resort town desperately trying to rebrand its tourist product. ...

2832. Erdogan’s parallel universe

The EU, the United States and the international community as a whole have very little leverage with Erdogan...

2833. Nicosia will not follow EU and expel Russians

Cyprus is among the 14 EU countries that will not take such measures...

2834. Dust won’t budge despite predictions

Despite authorities excepting that dust would have gone away by the weekend, it is still a problem on Monday, prompting officials to respond to complaints by saying it is time to learn to live with this phenomenon. ...

2835. Attorney general uneasy over nepotism jibes

2836. It is pay your taxes time again

As Cypriot tax payers will soon be able to file their tax forms online through TAXISnet, authorities are working around the clock to make sure they can launch the programme in April and send passwords to users who have yet not signed up....

2837. China urges US away from 'brink' of trade war

China showed readiness to retaliate by declaring plans to levy additional duties on up to $3 billion of US imports...

2838. Extradition case of Cypriot hacker delayed

The extradition hearing of a 20-year-old man in Cyprus, accused of wire fraud and wanted by the FBI, was interrupted Thursday after his defence team accused the prosecutor of withholding evidence and presenting an reliable witness. His Cypriot trial is scheduled to go forward April 3....

2839. Hedge funds show interest in Cyprus co-op

Major hedge funds are showing interest in the Co-Operative Bank of Cyprus, including one headed by former Bank of Cyprus Vice Chairman and current US Commerce Secretary Wilbur Ross. It is too early to predict any deal since investor goals differ from each other and all would depend on final numbers at a later stage. ...

2840. 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...

2841. 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....

2842. Academic behind Facebook breach says he is a 'scapegoat'

Facebook has been rocked by a whistleblower who said that Cambridge Analytica had improperly accessed information on 50 million users...

2843. Greece was right to question German airport checks

Officials in Athens say the data vindicate Greece’s reaction to German checks on flights from Greek airports...

2844. World's biggest yacht in Limassol

Limassol may be the focus of attention this week as the American Iwo Jima is in the area for exercise drills, but a different kind of boat is now stealing the show, the luxury superyacht Dilbar which is the biggest in the world....

2845. Cyprus records €0.4 billion negative trade balance

According to the first estimate for the euro area exports of goods to the rest of the world in January was €178.6 billion...

2846. 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....

2847. Tourist arrivals spike 23.4% in February

Tourist arrivals have hit record highs in every month since March 2017 ...

2848. Putin easily wins another six-year term

The longer-term question is whether Putin will soften his anti-Western rhetoric now the election is won...

2849. US backs Cyprus search for offshore gas

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

2850. 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...