Greece
Cyprus
Greek Company to Build Europe's Largest Casino Resort on Cyprus (video)
Integrated Casino Resort Cyprus (ICR) announced on Tuesday that it had awarded the contract for the construction of Limassol’s "City of Dreams" Mediterranean Integrated Casino Resort to the Greek conglomerate Avax – Terna JV.
According to the principal contract, construction...
Cyprus
Cyprus President Lays Foundation for 'Europe's Biggest Casino Resort'
Cyprus President Nicos Anastasiades on Friday laid the foundation stone of a casino resort that, when completed near the city of Limassol, will be Europe’s biggest.
Anastasiades said that the City of Dreams Mediterranean project is a “major milestone” for...
Cyprus
Europe's 'Largest Casino' to be Built in Cyprus (video)
Cyprus will host a ceremony on June 8 to mark the start of construction work on what is being billed as Europe’s largest casino with more than a hundred gambling tables and over a thousand slot machines.
The casino will...
Cyprus
Cyprus Gambles On Casino Odds
Struggling with a burgeoning economic crisis and with a bailout that is so flawed that Cypriot President Nicos Anastasiades said it won't work without more money from international lenders, the government is banking on another plan to get money...
Cyprus
Cyprus Gambling On Casinos For Rebound
Being saved from an economic and bank collapse by a pending 10 billion euros ($13 billion) bailout from international lenders - but at the price of confiscating bank accounts and imposing harsh austerity measures - Cyprus is going to...
Business
Cyprus Says Casinos Could Ring Up $64M
Beginning what could be a long recession and economic crisis, and under austerity measures, Cyprus is planning to lift its ban on casinos in a frantic bid to find cash wherever it can, including gambling, Online Poker reported. The...
Cyprus
Cyprus FinMin Says Online Betting Will Create New Prospects for the Economy
The regulation of online betting along with the other measures promoted concerning the betting industry will create a new significant prospect for the economy, Minister of Finance Harris Georgiades has said, as the Cyprus National Betting Authority gears up...
Cyprus
Cypriots Come Together in Mixed Village's Bicommunal Casino
The mixed village of Pyla, in the Cypriot district of Larnaca, is one of four villages located within the United Nations Buffer Zone. Despite the differences between the village's Greek-Cypriot and Turkish-Cypriot residents, local entrepreneurs have found a common interest that unites them all – gambling.
According...
Cyprus
Greek Cypriots Unveil Plans for First Casino Resort
Cyprus ministers approved plans on Thursday for a first casino resort in the government-held south of the Mediterranean island as they scramble to woo investment to offset a deep recession.
There have long been multiple casinos in the breakaway Turkish...
Cyprus
While Anastasiades Fiddled, Money Fled Cyprus
Delays and indecision by newly-elected Cypriot President Nicos Anastasiades' government allowed a huge outflow of cash from the island's banks even though they were closed and limits were placed on most withdrawals, the news agency Reuters reported.
In banknotes at...
Greece
After Reactions, Greek Singer Angela Dimitriou Refuses to Sing in Turkish-Occupied Cyprus
Some days ago, Greek media reported that a Lebanese ship owner, friend of popular Greek singer Angela Dimitriou, asked her to sing at his private birthday party for almost 150 guests. The party is planned to take place this...
Cyprus
Vanishing Cyprus: Petroleum-Gas Fund of Cyprus
Cyprus, for one more time in its turbulent history, finds itself smack in the middle of international geopolitical interests. It also faces a barrage of unprovoked military threats by none other than the Neo-Ottoman bully of the Eastern Mediterranean...
Cyprus
Julio Iglesias Sues Puppet Regime in Northern Cyprus
According to the Cypriot newspaper "Fileleftheros", the famous singer Julio Iglesias sued the Puppet Regime in Northern Cyprus and the company Net Holdings for deceit.
It seems the famous Spanish singer was invited to give a concert in the occupied territories of...
Business
Hellinikon Development Spurs Athens Riviera Real Estate Investment
The redevelopment of Athens' former airport, Hellinikon, has resulted in a great deal of interest in real estate along the Athens Riviera.
Greece
Coronavirus Latest Updates: Greece Imposes More Restrictions as Cases Jump to 352
The Greek government is considering imposing a nationwide lockdown following on the steps taken by Italy and Spain as the death toll from the coronavirus reached four and the number of cases jumped to 352 on Monday.
On Monday Greece...