Cyprus News

The return of the fenced - off section of the Turkish occupied town of Famagusta can become a game changer in the Cyprus issue, Minister of Foreign Affairs Ioannis Kasoulides has said.

The Vatopedi Monastery on Mount Athos, which was embroiled in a huge land swap scandal that emerged in 2008, has been linked to losses of some 4 billion euros for the Cypriot banking system from non-performing loans issued by Marfin Popular Bank, according to figures provided to a parliamentary committee in Nicosia by former Greek MP Dimitris ... (more)

The Larnaca location opened on , Bennigan's President & CEO. "They have shown a strong will, tenacity and passion to accomplish this milestone, proving the Axentiou's bleed green, which is the fabric of what will propel Bennigan's renaissance."

Hyperion Systems Engineering announces that it will supply the Operator Training Simulator for the propane dehydrogenation plant of Advanced Petrochemical Company in Saudi Arabia.

Reference is made to the Annual General Meeting on 14 May 2013. The AGM approved the reduction of the issued share capital from Euro 60,734,197.50 divided into 242,936,790 ordinary shares of Euro 0.25 each, to Euro 58,993,264.75 divided into 235,973,059 ordinary shares of Euro 0.25 each by the cancellation of 6,963,731 ordinary shares held by the ... (more)

President of the Republic Nicos Anastasiades has stressed that the government has no intention to leave the eurozone, adding however at the same time, that people in Cyprus as well as the government are disappointed because of the recent Eurogroup decisions and the lack of solidarity from our European partners.

Nicosia --- The provision of emergency liquidity to the Cypriot Banks by the Central Bank of Cyprus through the ECB`s Emergency Liquidity Assistance has played and continues to play a stabilizing role, allowing the smooth functioning of the banking system and preventing the disorderly default of the state, CBC notes.

Last year, as the team's most successful series entrant, he won the chance to drive a Marussia F1 car in Formula One's 2013 Young Driver Test, which will take place at Silverstone next month.

Hydrocarbons exploration and exploitation activities of the Republic of Cyprus within its Exclusive Economic Zone are undertaken in accordance with international law and will continue despite Turkish threats, the Ministry Foreign Affairs has reaffirmed, on Monday.

Oil Company STAROIL continues to expand its network, announcing the operation of its sixth star in Tseri Nicosia, Cyprus.

Nicosia -- Turkey provocatively continues its intransigent stance by promoting unacceptable positions which in fact lead to an indirect recognition of the illegal regime in the north and the fait accompli of the Turkish invasion in Cyprus, Defence Minister Photis Photiou stressed.

EUROPE'S SEVEN MOST ENDANGERED MONUMENTS AND SITES ANNOUNCED: EUROPA NOSTRA Art Daily June 12 2013 ATHENS.- The Roman amphitheatre in Durrës in Albania, the buffer zone in the historic centre of Nicosia in Cyprus, Vauban's 17th century fortifications in Briancon in France, the Renaissance monastery of San Benedetto Po in Italy, the 15th ... (more)

After Cyprus's bloated banking sector was hit by a body blow this spring, sending the economy further into recession, cut-price summer holiday offers are attracting tourists but not the spending needed.

Omonia's hopes of a cash injection ahead of next season receded yesterday when negotiations with FC Sion over the sale of Demetris Christofi broke down.

NICOSIA Despite union unrest, cash-strapped Cyprus Airways will proceed with the immediate redundancy of 420 employees in a bid to save up to a 2 million monthly.

A former Cypriot TV presenter, her brother and two other men have been sentenced to life in prison after being found guilty of murdering Cyprus' most prominent media baron.

Fifty seven beaches around the island have been awarded the Blue Flag, breaking last year's record of 56 beaches which received the Blue Flag certification.

Four people charged with the conspiracy to murder Cypriot publisher Antis Hadjicostis three years ago were handed down life sentences by the Nicosia Assizes Court Thursday amid tension and scuffles in the court room.

All four defendants in the Antis Hadjicostis trial were found guilty of his murder Thursday and jailed for life at Nicosia assizes.

Crossings by Greek Cypriots across the Green Line in Cyprus dropped significantly, according to the European Commission report on the Green Line regulation of 29 April 2004 and the situation resulting from its application covering the period 1 January until 31 December 2012 The Commission also notes that there has been substantial decrease as ... (more)