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2941. Cabinet meets to address teacher crisis

The Cabinet is holding an emergency session Tuesday at noon to discuss the teacher crisis, with a whole host of problems in the backdrop including a slowdown by the unions...

2942. Indian President speaks of shared values with Cyprus

Indian President Ram Nath Kovind addressed on Monday the House of Representatives plenary in the presence of Cyprus President Nicos Anastasiades and spoke of the shared values and deep relations between Cyprus and India...

2943. Private schools unaffected by labour dispute

2944. Teachers 'go slow' to show dissent

State teachers in public schools will take industrial action by ‘going slow’ in the first few days back to school, as unions seek a stronger mandate from members by asking them to approve a general strike...

2945. Moody’s thumbs up to Bank of Cyprus bad loans sale

Moody’s credit rating agency says the recent sale of Non-Performing Loans by the Bank of Cyprus worth €2.8 billion is a positive step...

2946. Coca cola takes over Costa Coffee

The owners of café chain Costa have agreed to sell the business to Coca Cola for €5.4 billion, marking a new era for the global soft drink group...

2947. Cyprus goes all out in the maritime insurance game

Cyprus has been a serious contender in the maritime and shipping industry, but recently it emerged as one of few unbeatable alternatives for big foreign P&I clubs looking to set shop home away from home...

2948. Teacher demo forces eleventh hour debate

The government is contemplating a suggestion that would allow proposed education measures to take hold but only through the end of the calendar year, in exchange of labour peace and talks with the teachers unions...

2949. Bank of Cyprus gets rid of small business bad loans

The Bank of Cyprus says it has sold a portfolio of non-performing loans worth €2.8 billion to Apollo Global Management, a transaction that will reduce its stock of NPLs to €5.2 billion...

2950. Nicosia roads close as teachers march

Traffic police say there will be road closures in Nicosia on Tuesday late afternoon due to a scheduled teacher demonstration where thousands of educators are expected to join...

2951. Teachers regroup ahead of big demonstration

States teachers unions rejected over the weekend a government attempt to seek middle ground in budgeting exempted hours, saying they had nothing to do with the proposal and warning they would resist any change without mutual agreement...

2952. Fingerprint match on UK murder suspect

Charles ‘Charlie’ Riddington, the UK murder suspect who was apprehended Monday by Turkish Cypriot authorities, will remain in custody up to a month following a fingerprint match...

2953. President makes final offer to teachers

President Nicos Anastasiades has weighed in on the ongoing debacle between state educators and the government, drawing up a final offer to teachers and expecting an answer before the weekend is out...

2954. Abandoned Berengaria goes up for auction

The abandoned Berengaria hotel in Cyprus, a historic building known around the world for its ‘ghosts lurking in the dark’ is going up for auction next month...

2955. The solitary third age of Greek Australians

Thirty-three-year-old Dimitra will lock her door tomorrow morning and breathe in the chilly Melbourne air. ...

2956. Global jitters hit Greek bonds

Just days before Greece is to emerge from its international bailouts, upheaval in international markets took a toll on Greek bonds on Thursday, driving yields up above 4 percent....

2957. Forbes calls Wilbur Ross a ‘grifter’

US Secretary of Commerce Wilbur Ross, the former vice-chairman of Bank of Cyprus, is being accused of being a grifter, following allegations that he swindled associates out of millions...

2958. Men sentenced for assaulting billionaire investor

The Famagusta District Court handed down sentences to four men in connection with the beating of Egyptian investor Naguib Sawiris, hours before the stone laying ceremony for the Ayia Napa marina back in 2016...

2959. Alexoui takes to Facebook after midnight search

Police are taking a beating on social media following a midnight house search of a Nicosia businessman with suspected ties to illegal activities...

2960. Price caps on gasoline in some islands expected

The authorities are expected to impose a two-month price cap on fuel prices in the southern Aegean islands where unleaded gasoline has soared to almost 2 euros per liter....

2961. ARIS celebrates six month anniversary

ARIS, which stands for A Really Inspiring Space, opened its doors to its first resident startups in February 2018. Last Monday, on the 6th of August, the achievements of those startups were celebrated during a summer networking event entitled “Creating Value Through Innovation, in an Ever Changing Global Environment”...

2962. Manafort lawyer blames Cyprus accounts on oligarchs

Prosecutors described Paul Manafort as a “shrewd” liar and accused him of misleading his tax preparers, banks, and US authorities in claiming that secret accounts did not exist...

2963. Hellenic forms ad hoc integration committee

Hellenic Bank says it has put together an ad hoc committee to oversee and facilitate the integration of recently-bought parts of Cyprus Cooperative Bank into the publicly traded Cypriot company...

2964. Greek bank deposits rise in June for fifth month in a row

Greek bank deposits rose in June for a fifth consecutive month, increasing by 1.3 billion euros ($1.52 billion), central bank data showed on Wednesday....

2965. Cyprus offers €10 million to Greek fire victims

The government of the Republic of Cyprus is offering €10 million to the fire victims in Greece, calling on citizenry and local businesses to do their share as well...

2966. Investing in knowledge

A growth rate of 1.9 percent is way too small for a country like Greece, especially as the rest of Europe’s performance is so much more robust. This is, after all, a country that shed 25 percent of its gross domestic product (GDP) in the course of a decade. What we should be seeing, therefore, is the effect of a tightly wound spring, whereby a virtuous cycle of growth begins and only gets faster with time. Instead, we’re hobbling along at 1.9 percent, the slowest rate an economy can achieve after hitting rock bottom....

2967. Nissi Beach is CNN Travel's July pick

Nissi Beach is recommended this month by CNN Travel as one of a handful of global destinations for July beachgoers, certifying once more that Ayia Napa remains on the world map when it comes to beach summer fun...

2968. Crime boss was shouting at dutiful cops

The police chief is reportedly perturbed over reports that a crime boss was lashing out at cops and cursing senior officials without them batting an eye...

2969. ImarComms is presenting version 7 of the Professional Diploma in Digital Marketing

ImarComms is delighted to announce that version 7 of Digital Marketing Institute’s "Professional Diploma in Digital Marketing" is starting on the 17th of October 2018. The lectures will be held at the University of Cyprus in Nicosia...

2970. Leak trial of ex deputy police chief up in the air

The trial of former deputy police chief Andreas Kyriacou, who is accused of leaking confidential documents, is up in the air after a court deadline last week came and went...