Cyprus News

NICOSIA, Cyprus - Cyprus' deputy government spokesman says the Cabinet has ratified a preliminary agreement with U.S. firm Noble Energy and its Israeli partners Delek Drilling and Avner Oil Exploration on their participation in the development of a planned natural gas processing facility.

The eurozone does not intend to change the terms of Cyprus's bailout as requested by Cypriot President Nicos Anastasiades in a letter sent to eurozone leaders and its lenders, three senior eurozone officials said on Wednesday.

Capital controls in Cyprus are doing more damage than a one-time levy on savings and need to be lifted as soon as possible, Commerce, Tourism and Industry Minister George Lakkotrypis said.

An Israeli diplomat serving in Cyprus was left with no choice but to cut her mission two years short after her 15-year-old son found himself the target of ostracization at school because he was a Jew and Israeli.

A TV presenter, her brother and two other men have been convicted of ordering the murder of a media tycoon in Cyprus.

Intestinal parasites have been found lurking in ancient poop in the toilet of a medieval castle in western Cyprus, scientists report.

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.