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1111. Search continues as wildfires death toll climbs to 80

Rescue crews Wednesday continued to search the seaside areas northeast of Athens that were the worst affected by wildfires to locate any further victims, as the official death toll rose to 80...

1112. UK ship insurer setting up Cyprus office over Brexit

British ship insurer London P&I Club is setting up a new subsidiary in Cyprus to ensure continued access to trade in the European Union in case Britain loses single market access...

1113. Moody’s says BoC better off after UK sale

Rating Agency Moody’s has described the sale of Bank of Cyprus UK as credit positive, noting that the sale would place Bank of Cyprus in a better position to focus on reducing its domestic high stock of problematic loans...

1114. Minister unfazed by angry educators

Thousands of public teachers stood outside the gates of the Education Ministry on Friday, calling on Education Minister Costas Hambiaouris to resign and union members refusing to go to his office to talk things out...

1115. Bank of Cyprus sells UK subsidiary

The Bank of Cyprus Financial Services is being sold to Cynergy Capital, as the BoC walks away from the UK to put more focus on performance in a rebounding Cypriot economy...

1116. Energean commits to Eastern Mediterranean

Energean is seeking approval from Cyprus for the Greek oil and gas firm to build a pipeline from its Israeli offshore gas fields and import 0.5 to 1 billion cubic meters of gas a year to the island...

1117. Over 40 degrees here to stay all weekend

1118. Overall retail rise not overshadowed by slight drop

Retail trade volume in Cyprus dropped by 0.8% in April 2018 compared to March, but rose by 5.8% since a year ago...

1119. Holiday Inn Nicosia under new ownership

Holiday Inn Nicosia is coming under new ownership, after Greek company NBG Pangaea shelled out two thirds of the total price of €11.2 million...

1120. Debt collectors to go after unpaid electricity bills

The Cyprus Electricity Authority is resorting to private debt collectors to go after unpaid bills, following criticism that the organisation lost €65 million in late payments or defaulted accounts...

1121. Limassol teenager dies in scooter-car collision

A Limassol teenager was killed in a road accident, when his supercharged scooter collided with a turbocharged vehicle under circumstances that have baffled police investigators...

1122. Hellenic moments away from CCB offer

The privatisation deal for Cyprus Cooperative Bank could be moments away, with Hellenic Bank putting the finishing touches on the final makeup of its new shareholder base...

1123. Driver gets nine months in Nicosia fatal road accident

A 73-year-old man was sentenced to nine months for involuntary manslaughter in the death of a 38-year-old mother, who was fatally struck as she was crossing the street with her 6-year-old son...

1124. Scorching weekend ahead as hot weather sets in

Cyprus weather is getting hot again, with weather officials saying temperatures are expected to be at least five degrees above normal levels with the area under an air dust watch...

1125. UN sounds out both sides on July envoy visit

It appears that the United Nations have sounded out both sides in Cyprus regarding a UN special envoy, but sources say it is still unclear whether Turkey gave the nod...

1126. President says Cyprus ready for the maritime challenge

Cyprus is once again showing its strength in the maritime industry, with President Nicos Anastasiades reiterating government support for what he called ‘one of the most important priorities’ of his administration...

1127. CTO sees tourism potential despite Russian defect

The Cyprus Tourism Organisation says tourist arrivals are expected to rise in 2018 despite a drop in Russian visitors to the island, while the government is moving forward with new plans for tourism on the island...

1128. Turkey pays Greek Cypriot damages over property in north

Turkey has paid, through the Council of Europe, a Greek Cypriot non – pecuniary damages, plus legal expenses, in addition to VAT in the order of €14,526.75 in line with a European Court of Human Rights (ECHR) judgment...

1129. British Bases dismiss allegations over casino hold up

The British Bases say they are not putting obstacles in the path of a building permit application for the casino resort in Limassol, responding to local reports about a hold up due to an environmental impact assessment...

1130. Cyprus tightens vetting for investment-for-passport scheme

In the wake of criticism that it was operating a "passports-for-cash" scheme, Cyprus has toughened up vetting procedures for those investors looking to get their hands on a European Union passport...

1131. Environmental study holding up casino resort

A potentially huge glitch has appeared just days ahead of the scheduled stone laying ceremony for the Cypriot casino resort, with an environmental impact assessment not yet in the clear and the company blaming the delay on British military interests...

1132. Tsipras says Greece will meet fiscal targets with no fiscal gap in 2018-9

Greece and its foreign creditors agreed that the country will meet its fiscal targets in the coming years and there will be no fiscal gap in 2018 and 2019, Prime Minister Alexis Tsipras told his cabinet ...

1133. Total wants to expand Cyprus oil and gas search

French energy giant Total wants to expand its search for oil and gas off the east Mediterranean coast of Cyprus, a senior company official said on Monday...

1134. EasyJet founder wealthiest Cypriot in the UK

The Sunday Times published the names of 1000 richest people in the UK, with easyJet founder Stelios Hadjioannou topping the list among Cypriots...

1135. Cyprus GDP growth is creating more jobs

Bailed out eurozone member Cyprus notched up its 13th consecutive quarter in positive growth with GDP rising 0.8 percent in the first quarter, an official estimate showed...

1136. Non-performing loans in banking system spike by €1.5 billion

Non-performing exposures (NPEs) in the Cyprus banking system jumped up by €1.5 billion in January, as International Financial Reporting Standard 9 entered in to force...

1137. Israel eyes 5% claim of Cyprus' Aphrodite gas field

Energy Ministry Yuval Steinitz told Cypriot leaders that Israel is demanding 5% or more of the production from the joint Aphrodite-Yishai natural- gas field in disputed Mediterranean waters...

1138. Cyprus tourism income spikes 13%

Revenue from Cyprus tourism jumped 13% in February compared to last year, official data showed Friday...

1139. 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...

1140. 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...