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Tag: Cyprus

Posted on September 18, 2020

France seeks EU sanctions on Turkey over energy tensions

France on Friday backed Cyprus’ calls for the European Union to consider imposing tougher sanctions on Turkey if the Turkish government won’t suspend its search for …

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Posted on September 17, 2020

On Lebanon’s shores, the poor board deadly dinghies

Suad Mohammad had hoped for a better life when her husband climbed into a dinghy to flee poverty-hit Lebanon, but he disappeared into the waves before he reached Cyprus. In her family home in the …

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Posted on September 17, 2020

Refugee pushbacks by Cyprus draw attention from EU, UN

Cyprus has engaged in offshore pushbacks as several boats carrying displaced people have approached in recent weeks. Returning people to countries where they could face persecution is prohibited by …

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Posted on September 16, 2020

Cyprus is overbanked, and the economy suffers

Cyprus is overbanked, and this affects its economy. There are seven local banks operating in Cyprus, according to Central Bank of Cyprus Central Bank of Cyprus statistics. Some experts say there …

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Posted on September 16, 2020

Cyprus is overbanked, and the economy suffers

Cyprus is overbanked, and this affects its economy. There are seven local banks operating in Cyprus, according to Central Bank of Cyprus Central Bank of Cyprus statistics. Some experts say there …

( read original story …)



Posted on September 15, 2020

Turkey extends operations of energy drill ship off Cyprus until mid-Oct

Turkey said on Tuesday it had extended the operations of its Yavuz energy drill ship in disputed Mediterranean waters off Cyprus until Oct. 12, in a move that could stir tension between the Greek …

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Posted on September 15, 2020

Turkey Extends Operations of Energy Drill Ship off Cyprus Until Mid-October

Turkey said on Tuesday it had extended the operations of its Yavuz energy drill ship in disputed Mediterranean waters off Cyprus until Oct. 12, in a move that could stir tension between the Greek …

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Posted on September 15, 2020

Cyprus recovery will be slow but steady — S&P

“The process of recovery in Cyprus will be slow … that more non-performing loans will appear in 2021, as the business climate will remain challenging. The sale of a large percentage of …

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Posted on September 14, 2020

Sanctions against Turkey over Mediterranean gas drilling wouldn’t achieve much, former EU ambassador says

Turkey, Greece and Cyprus have been at odds over the former’s exploration of energy resources in parts of Eastern Mediterranean waters that both Athens and Nicosia claim are part of their own …

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Posted on September 14, 2020

Turkey says U.S. needs to return to neutral stance on Cyprus

Turkey said early on Monday that the United States needed to return to a neutral stance on Cyprus, after Washington and Nicosia signed a memorandum of understanding to create a training centre.

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