Cyprus
Cyprus
Cypriot Energy Minister: Signing a Memorandum with Egypt an Important Step
Upon his arrival in Egypt on Monday afternoon, Cypriot Energy Minister Giorgos Lakkotrypis underlined that the exploitation of the island's gas resources from block 12 of its Exclusive Economic Zone (EEZ) will be undertaken by using Egypt's existing gas infrastructure...
Cyprus
Cypriot Govt: Turkish-Cypriot Leader's Pre-Election Comments Not Corresponding to Reality
Cyprus' government spokesperson Nikos Christodoulides accused the illegal Turkish-Cypriot government yesterday that on the occasion of the upcoming elections in the occupied northern part of the island, it has issued statements not corresponding to reality. As he pointed out, such...
Cyprus
Spiegel: Europe Considers a Grexit 'Manageable'
European finance ministers consider that if Greece and Cyprus exit from the common currency bloc, the risk for Europe would be manageable, according to Spiegel magazine.
The German magazine reporter claims sources that revealed off-the-record discussions of European finance ministers...
Cyprus
Greece Should Exit the Euro
There is a serious political and economic clash going on deep inside the EU chambers. The newly elected Tsipras government has triggered a tsunami that may not be so easily contained. The northern states dominated by Germany and braced...
Cyprus
Greek Defense Minister Concludes Visit to Cyprus
Greece's Defense Minister Panos Kammenos concluded his two-day visit to Cyprus on Thursday and returned to Athens.
Shortly before his departure, Kammenos and his Cypriot counterpart Christoforos Fokaides had a meeting with the Presidential Commissioner for Humanitarian and Overseas Affairs...
Cyprus
Defense Minister Underlines Greece's Support for Cyprus
Greece "is here" for Cyprus, Greek Defense Minister Panos Kammenos said on Wednesday during joint statements with his Cypriot counterpart Christoforos Fokaides in Nicosia. Kammenos arrived on the island for a two-day official visit earlier the same day.
The Greek...
Archaeology
First Excavation Season at Cyprus' Nissia Shipwreck Successfully Completed
Cyprus' Department of Antiquities has announced the successful completion of the two-week first excavation season at the Nissia shipwreck, in Paralimni, Cyprus. As explained, the first excavation was focused on the opening of a trial trench in the...
Cyprus
Cyprus' Former Interior Minister and 4 others Guilty of Money Laundering and Unlawful Payments
An Athens court has found former Cyprus` Interior Minister Dinos Michaelides, his son Michalis and three others guilty of receiving kickbacks.
The Cyprus News Agency reports that the defendants were also found guilty of money laundering in relation to the...
Business
CIPA President: Cyprus Is an Attractive Investment Destination
His belief that Cyprus, despite the crisis, remains an attractive investment destination due to its competitive advantages, among which is the island's location, expressed today the President of Cyprus Investment Promotion Agency (CIPA), Christodoulos Agastiniotis. Addressing the annual Cyprus...
Cyprus
Cypriot Foreign Minister Kassoulides: No Issue of Russian Bases
Cypriot Foreign Minister Ioannis Kassoulides ruled out earlier today the possibility of a future installation of Russian naval or military bases in Cyprus' territory. Talking on the sidelines of the Foreign Affairs Council in Brussels, he denied that an...