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Cyprus claiming share of post-Brexit business outflow from the UK

By   3 weeks ago

  A seminar for London based businessmen and investors who might be interested in exploring the advantages offered by Cyprus in a post-Brexit environment was held in the British capital. Organised by the UK-Cyprus Enterprise Council (UKCEC), in association with RCB Bank and PDG Strategy, the event presented Cyprus as a credible investment destination with […]

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Signing of Memorandum for the organization in Cyprus of EBRD Annual General Meeting and Business Forum

By   1 month ago

The Minister of Finance, Harris Georgiades, signed today, on behalf of the Republic of Cyprus, the Memorandum of Understanding for the organization in Cyprus of the 26th Annual General Meeting of the European Bank for Reconstruction and Development (EBRD) and the Business Forum entitled “Targeting Green and Inclusive Growth: Meeting Regional and Global Challenges”, on […]

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Retail trade falls by 0.4% in the euro area in November, rises by 2.2% in Cyprus in October

By   2 months ago

In November 2016, compared with October 2016, the seasonally adjusted volume of retail trade fell by 0.4% in the euro area (EA19) and by 0.1% in the EU28, according to estimates from Eurostat. In October the retail trade volume increased by 1.4% in the euro area and by 1.3% in the EU28. In November 2016 […]

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Cyprus real estate sales rise 43% in 2016

By   2 months ago

Real estate sales rose by 43% in 2016, figures released by the Department of Lands and Surveys (DLS) show. Cyprus-wide sale contracts submitted to the DLS reached 7,013 in 2016 compared with 4,952 in 2015. The data exclude sales to foreigners to be released at a later stage. December sale contracts spiked 121% reaching 1,134 […]

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Turnover Volume and Value Indexes increase in October

By   2 months ago

Both the Turnover Volume Index and the Turnover Value Index of Retail Trade, with the exception of motor vehicles, increased last October compared to the same month in 2015, the Statistical Service announced on Tuesday. On the basis of provisional estimates, the Turnover Volume Index of Retail Trade for October 2016 increased by 5.2% compared […]

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Tourist arrivals up by 14,9% in November

By   2 months ago

On the basis of the results of the Passengers Survey, arrivals of tourists reached 124.192 in November 2016 compared to 108.093 in November 2015, recording an increase of 14.9%. For the period of January – November 2016 arrivals of tourists totaled 3.098.604 compared to 2.581.057 in the corresponding period of 2015, recording an increase of […]

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Cyprus – Greece – Israel cooperation of Strategic Importance

By   3 months ago

Cooperation between Greece, Cyprus and Israel, is promising to go smoothly since during the joint declarations of Greek Prime Minister Alexis Tsipras, Cypriot President Nicos Anastasiades and Israeli Prime Minister Benjamin Netanyahu, the Cypriot President spilled a glass of water on the declarations table. This mishap gained an array of positive comments and all immediately […]

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Israel Cyprus Greece Trilateral Summit Declaration

By   3 months ago

We, Benjamin Netanyahu, Prime Minister of the State of Israel, Nikos Anastasiades, President of the Republic of Cyprus, and Alexis Tsipras, Prime Minister of the Hellenic Republic, having met in Jerusalem today, 8th December 2016, have agreed to continue strengthening the cooperation between our three countries in order to promote a trilateral partnership in various […]

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CY Culture View All →

Creativity and art expression with the use of old materials

By   2 weeks ago

  Stavros Loizou Paou sees art in all objects and old materials which could have ended up in recycle bins or in landfills. He wants to provide these items with a new form, shape and utility. He uses old screws, old plastic, such as pens, any kind of recyclable material, glass, old toys, everything in […]

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Cyprus Chairmanship of the CoE organizes a colloquy on the protection of cultural heritage

By   1 month ago

High-level representatives from international organisations and national governments, as well as academic experts, will gather in Strasbourg on 13 January for a colloquy aimed at strengthening cooperation to protect cultural heritage from wanton destruction and preventing the illicit trafficking of cultural goods. Organised jointly by the Cypriot Chairmanship of the Committee of Ministers of the […]

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Archaeological dig in Kouklia reveals ancient rampart

By   2 months ago

Archaeological excavations taking part in the area of Ancient Paphos at Kouklia in 2016 have revealed, among others, an ancient rampart dating as far back as 6th century BC. The Department of Antiquities of Cyprus has announced the completion of the University of Cyprus 2016 field project in the economic-administrative citadel of Ancient Paphos at […]

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CNA launches campaign to collect signatures for the return of the Parthenon Marbles

By   2 months ago

This year marks the bicentenary since the theft of the Parthenon Marbles by Lord Elgin, who smuggled them to the United Kingdom. The marbles have since then been in the British Museum. Many efforts have been made and several international campaigns have been launched for the return of the marbles to their natural environment, the […]

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Pafos starts countdown for European Capital of Culture opening ceremony

By   2 months ago

Pafos assumes next year the title of the European Capital of Culture for 2017 and the countdown until the opening ceremony, scheduled for January 28, has begun. As Christos Patsalides, the President of the Organization “Pafos 2017” said, preparations are well underway with daily meetings, in order to take care of all the details. Speaking […]

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University of Sydney concludes archaeological excavations to Nea Pafos for 2016

By   2 months ago

The Department of Antiquities, Ministry of Transport, Communications and Works, announces the completion of the 2016 season of archaeological investigations at the site of the Hellenistic-Roman theatre of Nea Pafos by the Australian Archaeological Mission to Kato Pafos from the University of Sydney, under the direction of Dr Craig Barker. The Australian team have been […]

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British MPs condemn the pillage of cultural heritage in occupied Cyprus

By   4 months ago

The pillage of religious and other cultural sites in the northern part of Cyprus, occupied by the Turkish military since the summer of 1974 invasion, was discussed during a debate in the House of Commons on a new bill submitted by the UK Government regarding cultural property. The bill will enable London to implement the […]

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Leaders send own messages at Greece – Cyprus – Egypt Trilateral Summit

By   5 months ago

The successful continuation of the Trilateral cooperation between Greece, Cyprus and Egypt, and the extension of cooperation between the three countries to more and more areas are the foundations for security, stability and development in the region. This was the outcome of the 4th Trilateral Summit in Cairo on Tuesday, October 11th. However the Summit […]

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CY Energy View All →

Akinci will not attend the meeting of the leaders scheduled for Thursday

By   3 days ago

  The United nations informed the President of the Republic of Cyprus today that the leader of the Turkish Cypriot community will not attend the meeting of the leaders scheduled for tomorrow, said the Government Spokesman, Mr Nikos Christodoulides, today. In his remarks to reporters following the meeting of the President of the Republic, Mr […]

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Cyprus – Greece – Israel cooperation of Strategic Importance

By   3 months ago

Cooperation between Greece, Cyprus and Israel, is promising to go smoothly since during the joint declarations of Greek Prime Minister Alexis Tsipras, Cypriot President Nicos Anastasiades and Israeli Prime Minister Benjamin Netanyahu, the Cypriot President spilled a glass of water on the declarations table. This mishap gained an array of positive comments and all immediately […]

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Israel Cyprus Greece Trilateral Summit Declaration

By   3 months ago

We, Benjamin Netanyahu, Prime Minister of the State of Israel, Nikos Anastasiades, President of the Republic of Cyprus, and Alexis Tsipras, Prime Minister of the Hellenic Republic, having met in Jerusalem today, 8th December 2016, have agreed to continue strengthening the cooperation between our three countries in order to promote a trilateral partnership in various […]

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Alexis Tsipras in Israel for 2nd Greece-Cyprus-Israel tripartite

By   3 months ago

Greek Prime Minister Alexis Tsipras will visit Jerusalem on Thursday 8 December to participate in the 2nd tripartite summit between Greece, Cyprus and Israel. The issues that will be in focus are energy, environment, tourism, research & innovation, fighting terrorism and the Cyprus issue. The Greek PM will be accompanied by Environment & Energy Minister […]

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Anastasiades to participate in the Tripartite Summit in Israel

By   3 months ago

President of Cyprus Nicos Anastasiades, departs today, 7 December 2016, for Israel, where tomorrow, along with the Prime Minister of Israel, Mr Benjamin Netanyahu, and the Prime Minister of Greece, Mr Alexis Tsipras, he will participate in the proceedings of the Cyprus-Greece-Israel Tripartite Summit, which will take place in Jerusalem. The Summit, which will begin at […]

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Cyprus should resolve port related problems if gas drillings are to proceed Charles Ellinas tells CNA

By   3 months ago

Expert on energy issues Charles Ellinas expressed great concern, on the problems emerged regarding the use of Cyprus` ports by gas companies drilling for natural gas within the country`s Exclusive Economic Zone (EEZ). Former President of the country`s Natural Hydrocarbons Company and currently CEO of E-C Natural Hydrocarbons Company Charles Ellinas, said in an interview […]

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EP: Development of gas resources in Cyprus should be actively pursued

By   4 months ago

The development of the domestic conventional gas resources discovered in Cyprus should be actively pursued, a resolution adopted on Tuesday by the European Parliament in its plenary session, in Strasbourg, stresses. The resolution further notes that new LNG capacity being developed in the Mediterranean could form the basis of an infrastructure hub. The MEPs call […]

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Leaders send own messages at Greece – Cyprus – Egypt Trilateral Summit

By   5 months ago

The successful continuation of the Trilateral cooperation between Greece, Cyprus and Egypt, and the extension of cooperation between the three countries to more and more areas are the foundations for security, stability and development in the region. This was the outcome of the 4th Trilateral Summit in Cairo on Tuesday, October 11th. However the Summit […]

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CY Finance View All →

Cyprus claiming share of post-Brexit business outflow from the UK

By   3 weeks ago

  A seminar for London based businessmen and investors who might be interested in exploring the advantages offered by Cyprus in a post-Brexit environment was held in the British capital. Organised by the UK-Cyprus Enterprise Council (UKCEC), in association with RCB Bank and PDG Strategy, the event presented Cyprus as a credible investment destination with […]

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Three challenges facing the Cyprus banking system, CBC says

By   1 month ago

The reduction of the high stock of non-performing exposures (NPEs), the negative interest environment which compresses the banks` profitability as well as the forthcoming amendments in the regulatory framework, consist the three main challenges facing the banking system, the Central Bank of Cyprus said in a report released on Wednesday. According to the CBC`s 2016 […]

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We are not pushing for IMF withdrawal or stay in Greek program – minister

By   2 months ago

The Greek government has no specific strategy to oust the International Monetary Fund (IMF) from the country’s bailout program, or to see it remain one of its international creditors, a senior government official says. Minister of Digital Policy, Nikos Pappas, said during an interview on Greek television that it was the IMF that raises such […]

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Cyprus Finance Minister determined to keep up the reform momentum

By   2 months ago

Just days before the European Commission’s warning on Thursday (15/12) that fiscal risks in Cyprus remain significant, all the stakeholders in the country’s economy had gathered in London to present their take on the current financial picture and the prospects for the future. Speaking at an Economist event at the British capital’s Stock Exchange, Finance […]

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Cyprus – Greece – Israel cooperation of Strategic Importance

By   3 months ago

Cooperation between Greece, Cyprus and Israel, is promising to go smoothly since during the joint declarations of Greek Prime Minister Alexis Tsipras, Cypriot President Nicos Anastasiades and Israeli Prime Minister Benjamin Netanyahu, the Cypriot President spilled a glass of water on the declarations table. This mishap gained an array of positive comments and all immediately […]

Read More →

Israel Cyprus Greece Trilateral Summit Declaration

By   3 months ago

We, Benjamin Netanyahu, Prime Minister of the State of Israel, Nikos Anastasiades, President of the Republic of Cyprus, and Alexis Tsipras, Prime Minister of the Hellenic Republic, having met in Jerusalem today, 8th December 2016, have agreed to continue strengthening the cooperation between our three countries in order to promote a trilateral partnership in various […]

Read More →

Alexis Tsipras in Israel for 2nd Greece-Cyprus-Israel tripartite

By   3 months ago

Greek Prime Minister Alexis Tsipras will visit Jerusalem on Thursday 8 December to participate in the 2nd tripartite summit between Greece, Cyprus and Israel. The issues that will be in focus are energy, environment, tourism, research & innovation, fighting terrorism and the Cyprus issue. The Greek PM will be accompanied by Environment & Energy Minister […]

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Cyprus, Israel and UK partnership highlighted in London

By   3 months ago

The heads of the diplomatic missions of the Republic of Cyprus and of Israel in the UK, British MPs and the British Foreign Minister for Middle East attended a Conservative Party event in the Houses of Commons to highlight the strong relationship between the three countries. The High Commissioner of the Republic of Cyprus to […]

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CY Politics View All →

Let us hope that after the referendum Turkey will face its responsibilities, Anastasiades says

By   19 hours ago

  Let us hope, to the extent that this can be permitted to us anymore, that after the referendum (in April, in Turkey) it will not be possible, at long last, for pretexts to be used in order for Turkey to avoid its responsibilities, said today the President of the Republic of Cyprus, Mr Nicos […]

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Akinci will not attend the meeting of the leaders scheduled for Thursday

By   3 days ago

  The United nations informed the President of the Republic of Cyprus today that the leader of the Turkish Cypriot community will not attend the meeting of the leaders scheduled for tomorrow, said the Government Spokesman, Mr Nikos Christodoulides, today. In his remarks to reporters following the meeting of the President of the Republic, Mr […]

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Kotzias: Turkey should stop playing games. We will not always be that tolerant

By   3 days ago

  On Tuesday night, Greek Minister of Foreign Affairs Nikos Kotzias gave an interview at SKAI news station, on the “Istories” show of Alexis Papahelas. Among other topics, FM Kotzias revealed that Turkey jeopardized the Greek – Turkey relations on the morning of Friday the 17th of February 2017, when a Turkish ship of the […]

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Leaders’ Thursday meeting will not take place as Akinci refuses to attend

By   3 days ago

  The meeting between President Nicos Anastasiades and Turkish Cypriot leader Mustafa Akinci scheduled for tomorrow is not going to take place, Government Spokesman Nicos Christodoulides has just tweeted. Τhe tweet said that “unfortunately the UN have just informed us that due to Turkish Cypriot leader`s refusal to attend, the meeting will not take place.” […]

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Cavusoglu: Freedom, security and political equality are essential prerequisites for a Cyprus solution

By   4 days ago

  The Turkish Foreign Minister Mevlut Cavusoglu defended the Turkish position on the topic of guarantees during a joint press conference with Turkish Cypriot leader Mustafa Akinci, on the sidelines of his visit to northern Cyprus on Tuesday, referring to the issue of the unifying referendum. The talks reached the current point thanks to the […]

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EP rapporteur to visit Turkey and Cyprus

By   5 days ago

European Parliament rapporteur on Turkey, Dutch MEP Kati Piri, will visit Turkey and Cyprus this week to collect input for her report on Turkey. Piri said on her twitter account that this would be an interesting week, adding that she is on her way to visit Turkey and Cyprus to speak with various people and […]

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Anastasiades: Turkish Cypriot fears are not justified after the “wrong” House decision

By   7 days ago

Fears which the Turkish Cypriots have been expressing in the past few days cannot be justified, even though the excuse to express such fears hailed from the Greek Cypriot community, Cyprus President Nicos Anastasiades has said, pointing out that no Greek Cypriot political party claims or maintains that the solution to the Cyprus problem is […]

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Written statement by the President of the Republic of Cyprus

By   1 week ago

With regard to remarks made by the Turkish and Turkish Cypriot sides, I do not wish, in any way, to engage in an unnecessary blame game, especially after the public explanation by the Special Adviser to the UN Secretary-General of all that had taken place yesterday. At the same time, I want to repeat to […]

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CY Social View All →

Nicosia to host international seminar on countering youth radicalisation

By   1 month ago

An international seminar on countering violent extremism and youth radicalisation will take place in Nicosia next week in the framework of Cyprus` Chairmanship of the Committee of Ministers of the Council of Europe, which lasts until May 2017. The seminar, entitled “Countering violent extremism and youth radicalisation: using the European Youth Card to promote peaceful […]

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Cyprus condemns the terrorist attack in Jerusalem

By   2 months ago

The Republic of Cyprus condemns yesterday’s terrorist attack in Jerusalem that claimed the lives of four young persons and injured many others. We wish to express our sincere condolences and sympathy to the victims’ families, the Government and the people of Israel. Cyprus reaffirms its firm condemnation of terrorism, in all its forms, and calls […]

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Framework agreement between Government and unions paves the way for salary increments in wider public sector

By   2 months ago

A framework agreement signed on Wednesday between the Finance Minister and the two largest trade unions SEK and PEO paves the way for salary increments in the wider public sector, frozen since 2011, to be restored. Agreed initially in August 2015, the agreement will serve as a framework for the renewal of collective agreements in […]

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CNA launches campaign to collect signatures for the return of the Parthenon Marbles

By   2 months ago

This year marks the bicentenary since the theft of the Parthenon Marbles by Lord Elgin, who smuggled them to the United Kingdom. The marbles have since then been in the British Museum. Many efforts have been made and several international campaigns have been launched for the return of the marbles to their natural environment, the […]

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Developments to solve Cyprus Issue ongoing

By   2 months ago

Cyprus President Nicos Anastasiades will visit Athens on Friday and Greek Foreign Minister Nikos Kotzias will travel to New York shortly after to meet with the UN Secretary General on 6th January both developments believed to be crucial in finding a resolution for the Cyprus issue. Cyprus Government Spokesman Nikos Christodoulides, in statements he made […]

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UK Cypriots bid George Michael goodbye

By   2 months ago

UK Cypriots have been mourning the death of George Michael who passed away on Christmas day at his Oxfordshire home after suffering a suspected heart failure. The 53-year old pop star was born in north London’s East Finchley, an area with a large Cypriot community even today, as Georgios Kyriacos Panayiotou. His father Kyriacos Panayiotou […]

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Unemployment in Cyprus at 13% in Q3

By   2 months ago

The employment rate increased slightly in the third quarter of the year, while unemployment stood at 13%, recording an increase compared to the second quarter of the year and a decrease compared to the third quarter of 2015. According to the results of the Labour Force Survey (LFS), released Friday by the Statistical Service, the […]

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Value of net wealth in Cyprus households decreases by 40% in 2014

By   2 months ago

The value of net wealth decreased by 40% in Cyprus in 2014, recording the largest decrease in the median value of wealth throughout Europe, according to the Household Finance and Consumption Survey (HFCS), published Friday by the European Central Bank (ECB). According to a relevant article by the Central Bank of Cyprus (CBC), the fall in […]

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CY Sports View All →

EAC operational separation to be implemented on the 1st of December

By   6 months ago

Nicosia, September 5, 2016, Independent Balkan News Agency The operational separation of the Electricity Authority of Cyprus will be implemented on the 1st of December this year, Chairman of the Cyprus Energy Regulatory Authority (CERA) Andreas Poulikkas announced on Monday. Poulikkas presented today to Cyprus President Nicos Anastasiades the Authority`s Annual Report for 2015, which […]

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Kontides and Kariolou continue their efforts in sailing at Rio 2016 

By   7 months ago

Nicosia, August 9, 2016/Independent Balkan News Agency Cyprus` attention at the Rio Olympics focus on sailing on Tuesday, with Pavlos Kontides and Andreas Kariolou competing this afternoon separately in Marina da Glória. According to Erodotos Miltiadous, the correspondent of the Cyprus Sports Writers Union (EAK), during his second day, silver Olympic medalist Kontides starts his […]

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Cyprus boasts quality team at the Rio Olympic Games

By   7 months ago

Nicosia, August 1, 2016/Independent Balkan News Agency Cyprus is competing at the 2016 Summer Olympics in Rio de Janeiro, Brazil, with 16 athletes in seven different sports from 5 to 21 August 2016. According to the Union of Cyprus Sports` Writers, even if the Cyprus team is smaller this year, it is considered strong since […]

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Cyprus did not make it to the play off of Euro Qualifiers 

By   1 year ago

Nicosia, October 14, 2015/Independent Balkan News Agency Cyprus` men`s national football team has not qualified for the play off stage of the Euro 2016 qualifiers, despite its gallant effort last night against Bosnia-Herzegovina. Cyprus lost 3-2 to Bosnia-Herzegovina in front of 20 thousand fans in Nicosia GSP stadium, in the last game of the Qualifiers […]

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UEFA Vice President comments on the FIFA corruption investigation

By   2 years ago

Nicosia, May 28, 2015/ Independent Balkan News Agency By Kyriacos Kyriacou One of UEFA`s Vice President, Cypriot Marios Lefkaritis has not yet received any kind of notification to testify to the Swiss authorities regarding the under investigation case related to the awarding of rights to host the 2018 World Cup in Russia and the 2022 […]

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Two referees arrested for match fixing in Cyprus

By   2 years ago

Nicosia, January 8, 2015/ Independent Balkan News Agency By Kyriacos Kyriacou Police have arrested Wednesday night two people concerning match fixing accusations made in December by Cypriot international football referee Marios Panayi. Arrest warrants were issued against referees’ association president Michalis Argyrou and referee Michalis Spyrou. According to Panayi’s allegations, they tried to influence referees […]

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First arrest warrant for football scandal !

By   2 years ago

Nicosia, December 24, 2014/ Independent Balkan News Agency By Kyriacos Kyriacou The first arrest warrant was issued on Tuesday night in Limassol, Cyprus in connection with the match-fixing and corruption accusations against the Cyprus Football Association released by international Cypriot referee Marios Panayi. The warrant was issued against 40-year-old Panayiotis Panayiotou, an official of Aris […]

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Omonia player racially abused by Apoel fans

By   2 years ago

Nicosia, December 3, 2014/ Independent Balkan News Agency By Kyriacos Kyriacou The biggest Football derby in Cyprus between fierce rivals Omonia and Apoel which took place in GSP stadium Nicosia on Sunday was stigmatized by the racist behavior of some Apoel fans. Victim of the incident Omonia’ player Michael Pote was provoked during the match […]

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