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Tag: Cyprus

Posted on October 9, 2020

Cyprus banks must put an end to non-performing loans — Bank of Cyprus CEO

Panicos Nicolaou, CEO of the Bank of Cyprus, the island’s largest lender … Addressing the Fourth Business Leaders Summit on Thursday, Nicolaou said that businesses and the state alike should …

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Posted on October 9, 2020

North Cyprus reopens ‘ghost town’ beach resort for first time since 1970s

Northern Cyprus has reopened part of the beachfront Varosha resort, which had been abandoned since Turkey invaded the Mediterranean island decades ago.

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Posted on October 9, 2020

Anger as Turkish army reopens Cyprus resort turned ghost town

Turkish troops Thursday reopened parts of a Cyprus seaside resort that became a ghost town amid war in 1974, sparking controversy days ahead of an election in the breakaway Turkish north.

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Posted on October 9, 2020

Greece, Cyprus threaten EU sanctions against Turkey over Varosha

Greece says if Turkey does not reverse reopening part of Cypriot ghost town, it may seek to trigger economic sanctions.

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Posted on October 8, 2020

Major insurer chooses Cyprus for its European business

Steamship Mutual, one of the most important Protection and Indemnity insurers globally, has chosen Cyprus for the base of its European business, with an office in Limassol officially opened on Tuesday …

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Posted on October 8, 2020

Major insurer chooses Cyprus for its European business

Steamship Mutual, one of the most important Protection and Indemnity insurers globally, has chosen Cyprus for the base of its European business, with an office in Limassol officially opened on Tuesday …

( read original story …)



Posted on October 8, 2020

Greece urges Turkey to ‘step back’ from reopening of Cyprus beach resort

Greece called on Turkey to step back from reopening an abandoned beach resort in Northern Cyprus, warning that Athens and Nicosia stand ready to bring the issue before a European Union leaders meeting …

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Posted on October 8, 2020

Greece urges Turkey to ‘step back’ from reopening of Cyprus beach resort

Greece called on Turkey to step back from reopening an abandoned beach resort in Northern Cyprus, warning that Athens and Nicosia stand ready to bring the issue before a European Union leaders meeting …

( read original story …)



Posted on October 8, 2020

Cyprus Ghost Town’s Beach Becomes a New Front for Turkey

A sandy beach fringing a ghost town in Cyprus’s Turkish-controlled north has become Turkey’s latest front as it pushes for a two-state solution on the divided island and defends the enclave’s claims …

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Posted on October 8, 2020

Lebanese businesses seek opportunities in Cyprus

For Lebanese businesses, struggling in the crisis, Cyprus offers opportunities. Hundreds of Lebanese have simply up and moved to Cyprus. Others have decided to stay in Lebanon and partner up with …

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