Before the crisis of 2013, the economy was founded on huge piles of risky debt. Little has changed since then By Les Manison Prior to the financial crisis of 2012/13 and during the recent recovery, …
Cyprus to get €479m from EU to tackle unemployment
Cyprus to get €479.070.000 from the European Union to tackle unemployment during the coronavirus pandemic, the finance ministry said on Friday. The European Commission accepted the request of Cyprus …
Mediterranean Tensions ‘Extremely Volatile’: Cyprus President
Tensions are running high over Turkey’s maritime drilling activities in the eastern Mediterranean which Cyprus, and its ally Greece, say violate their sovereignty. “There is an aggressiveness, with an …
Cyprus Makes A Major Bet On LNG
The discovery of Cyprus’ first gas field, offshore in the Eastern Mediterranean, was reason for celebration in December 2011. Rising …
U.S. Military Sales Would Hinder Cyprus Resolution, Turkey Says
Turkey can match any U.S. military shipments to the Greek-speaking side of Cyprus, Foreign Minister Mevlut Cavusoglu said, calling Washington’s decision to ease its arms embargo on the divided island …
Cyprus’ Golden Visas: The Asset Has Become A Liability
The Cyprus Investment Program is becoming a liability for the country’s international image as a professional and financial center, despite the economic benefits it has created in recent years.
House Hunting on Cyprus: Your Own Little Water Park for $3.3 Million
The island nation has avoided the worst of the coronavirus pandemic, but its housing market may stagnate until tourists return.
US officials say partial lift of Cyprus arms embargo not related to Turkish-Greek tensions
Greece tensions in the eastern Mediterranean, US officials maintained the partial lifting of an arms embargo on Cyprus aims to reduce Russian influence and is not a step against Ankara’s recent …
Turkey criticises US decision to lift Cyprus arms embargo
The United States announced Tuesday that it would lift for one year its three-decade-old arms embargo on Cyprus to allow ‘non-lethal’ military goods to be sold to the Mediterranean island.
Alert! Cyprus Watchdog Adds New FX Brands to Blacklist
The Cyprus regulator CySEC has earlier today warned investors that the websites listed below do not belong to an entity authorised to provide investment services in the country.