The European Investment Bank (EIB) will continue to support Cyprus with new investment, possibly involving broadband companies, the national road system or the Vasilikos Power Plant said President of …
France’s Macron, Greek PM to Discuss Turkey at ‘MED7’ Summit
Macron and Mitsotakis will attend a ‘MED7’ summit on the French island of Corsica on Sept 10 along with the leaders of Portugal, Spain, Italy, Cyprus and Malta. NATO allies Turkey and France have …
Striped dolphin beached in Cyprus
A beachgoer walks past a Stenella coeruleoalba or Striped dolphin beached in Cyprus’ southern Akrotiri peninsula after washing ashore on September 6, 2020, near where fishermen had reportedly spotted …
Coronavirus has exposed the vulnerabilities of Cyprus’ business model
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.