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2911. Turkish Lira rallies as central bank raises interest rates to 24%

2912. Cyprus Twitter storm over West vs Russia

2913. Cyprus launches website for film industry

The Cyprus Investment Promotion Industry (Invest Cyprus) launched on Tuesday the Scheme for the promotion of the filming industry, presenting the online platform where interested parties can apply for cash rebates and other incentives for their productions...

2914. EBRD investment to rise in FYROM, Greece

The European Bank for Reconstruction and Development (EBRD) expects its investment in the Former Yugoslav Republic of Macedonia and Greece to rise significantly after the two countries manage to solve the dispute regarding FYROM’s name, an EBRD official said....

2915. No paddles go up for Berengaria hotel

Despite a recent spike in interest for the auction of the abandoned Berengaria hotel in Cyprus, the historic building failed to draw bidders who would be willing to meet the minimum asking price of just over €2 million...

2916. Hellenic mulls over selling delinquent loans

Hellenic Bank posted a €35 million net profit for the first half of 2018, with the bank’s CEO Ioannis Matsis stating that the bank is ready to launch a tender for the sale of a portfolio of non-performing exposures within the next six months...

2917. INTERVIEW WITH THE FRENCH MINISTER OF FOREIGN AFFAIRS

2918. Le Drian says France stands ready to help

French Foreign Minister Jean-Yves Le Drian says Cyprus and France and the presidents of the two countries both wish for further cooperation, while also expressing support for restarting peace talks...

2919. Boris and wife file for divorce

Boris Johnson, Britain’s former foreign secretary, said on Friday he had separated from his wife Marina Wheeler and the couple will divorce...

2920. Latest inflation figures point up

Inflation is on the rise in Cyprus amid hikes in fuel prices with the annual rate reaching 2.5% last month, almost one percentage point compared to last year until August...

2921. Requiem for an establishment

2922. Cyprus makes the case for regional headquartering

Cyprus has emerged as a serious contender in the world of international investment, putting a conference in Limassol next week in a unique position to promote the island as a regional headquartering centre...

2923. Cops baffled by Paralimni mystery goon

Police are investigating whether a bomb attack in Paralimni may be linked to arson on a nearby beach, where public sun beds and umbrellas were set on fire...

2924. Merkel endorses Euro clearing move from London to Frankfurt

2925. Police release video of burglary suspect

Police are asking the public for help in tracking down a person of interest in connection with a house burglary ten days ago in Nicosia...

2926. 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...

2927. Seizing opportunities

Greece needs to play its cards right if it wants to profit from the opportunities arising on the international stage, but also to keep in mind that all of the big players are unpredictable and the game at hand incredibly complex....

2928. Shadows loom over government’s ‘clean exit’ scenario

Greece’s bailout exit has been eliciting condescending and bitter commentary on the country’s beaches and in its near-deserted cities, as few Greeks believes their lives are going to improve or that the country’s prospects will be akin to those of other bailed-out eurozone states. Greece’s “return to normalcy” and “clean exit,” much touted by the government, appear to be happening somewhere else....

2929. Stephen Lillie: There is only plan A for Cyprus

There is a clear plan A for Cyprus, that of a bi-zonal, bi-communal federation solution, and there is no plan B, UK High Commissioner in Nicosia, Stephen Lillie, has told the Cyprus News Agency (CNA), stressing that “for plan A to succeed the negotiations need to be well prepared, and the public opinion needs to be well prepared” as well....

2930. US-Turkish tensions add to regional risk

US-Turkish relations have never been easy to manage. But the current standoff between Washington and Ankara is striking, even by the standards of an historically difficult relationship....

2931. AHI says US ban on arms sales to Cyprus «unlawful»

The US prohibition on sales of defense and military technology to Cyprus is “unlawful” and can be removed without the need for legislation, a Greek American lobby group has said....

2932. Regling says Greece will remain linked to ESM

Greece will be monitored more closely by the European Stability Mechanism (ESM) and the other institutions after its bailout ends six days from now compared to other countries that emerged from rescue programs, according to ESM chief Klaus Regling....

2933. Should we listen to President Trump or the diplomats?

As Greece finds itself faced with a wide range of challenges – from Turkey and the Eastern Mediterranean to its relationship with the Former Yugoslav Republic of Macedonia and developments on the Balkan peninsula – it would be useful to have a clear idea of Washington’s strategic objectives regarding these issues. This is regrettably not an easy task considering that what President Donald Trump says does not necessarily reflect official US policy....

2934. The mistakes of Greece’s creditors

A lot has been said about the mistakes made by Greece’s lenders during the bailout programs. The fact is they made many errors, including some serious ones. Meanwhile, Greek politicians were responsible for refusing to take ownership of the required reforms and failing to reach a degree of basic consensus. ...

2935. 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. ...

2936. Greece: Russia's decision to expel embassy personnel 'arbitrary and retaliatory'

Russia’s decision to expel members of the Greek embassy in Moscow is “arbitrary, retaliatory and not based on any evidence,” the Greek Foreign Ministry said in a lengthy announcement issued on Friday....

2937. 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...

2938. Drinks by the beach at Ayia Napa and Protaras

A beach shaped by a natural gulf, covered in thin golden sand, with calm waves and well-protected from the wind. Across from this gulf, there’s a small island, making the site even more picturesque...

2939. Drinks by the beach at Ayia Napa and Protaras

The beaches of Ayia Napa and Protaras can hold their own against the ones in tropical islands. With clear turquoise waters, these beaches are ranked amongst the best and not just in Cyprus. Let’s start with Malama – Kalifi beach bar....

2940. City of Dreams will feature Cypriot architecture

Members of the Limassol Chamber of Commerce & Industry had a chance to interact with Cyprus Casinos executives in an effort to learn about the future prospects of the enterprise, ranging from architecture to quality gaming...