Local news

20 May 2012 01:47

Nicosia bites back

Nicosia -- The Foreign Ministry issued denounces new Turkish threats as regards Cyprus’ right to explore and exploit its hydrocarbon reserves in its Exclusive Economic Zone (EEZ).

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19 May 2012 12:37

Swiss thanks

NICOSIA - President Christofias has thanked Switzerland for its position on the Cyprus issue, which is based on principles.

The President who was addressing a joint press...

19 May 2012 11:20

Schultz visit

NICOSIA - President of the European Parliament Martin Schulz arrives tonight in Cyprus on a working visit, on the occasion of the upcoming Cypriot Presidency of the Council of the European...

Sports news

18 May 2012 19:49

NO penalties for Bayern

MUNICH - Bayern Munich coach Jupp Heynckes has issued a plea ahead of Saturday's Champions League final against Chelsea: No more penalties please.

Bayern won a penalty shootout to...

18 May 2012 09:20

Reds to speak to Martinez

LIVERPOOL - Liverpool have been granted permission to speak to Wigan Athletic manager Roberto Martinez about taking over from Kenny Dalglish who was sacked on Wednesday.

Wigan chairman...

18 May 2012 09:20

Chelsea and Bayern ready for big moment

MUNICH - When the draw for the later stages of the Champions League opened the way for Barcelona and Real Madrid to meet in the final in Munich, not many people would have placed their bets on one...

Economy

17 May 2012 19:02

Bank backing

NICOSIA - The government decided on Thursday to underwrite a 1.8 billion euro capital issue by Cyprus Popular Bank (CPB) in a bid to assist the capital enhancement plan of the island's second largest...

17 May 2012 17:00

Talks on track

NICOSIA - Discussions with “Noble Energy” concerning the planning for the transfer of natural gas from gas reserves, discovered in Cyprus’ Exclusive Economic Zone, enters its final stage,...

15 May 2012 14:12

Bills sale

NICOSIA-- Cyprus on Monday sold 467 million euro in two separate auctions for 13-week and 30-day Treasury Bills which were oversubscribed by 172% and 209% respectively.
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