Local news

17 June 2013 22:14

Labour costs falling

Hourly labour costs in Cyprus fell during the first three months of the year, EU data showed yesterday.
It was one of only four EU countries where costs fell. Decreases were recorded in...

17 June 2013 22:09

Stopping hooligansim

Justice Minister Ionas Nicolaou says swift action is needed to combat the nationwide problem of hooliganism with the new football season set to get underway in less than three months.
Speaking...

17 June 2013 22:07

Money laundering report

A final report by Deloitte Italy on Cyprus’ anti-money laundering (AML) measures says the banking system is in compliance but more can be done to check suspicious activity.
A probe into...

Sports news

17 June 2013 22:12

Rose wins US Open

Former champions Rory McIlroy and Graeme McDowell led the tributes to Justin Rose after he followed in their footsteps by winning his first major title in the US Open.
Rose carded a closing 70...

17 June 2013 22:13

Tio to drive F1

Tio Ellinas is in line to become the first man from Cyprus to drive an F1 car when he carries out straight-line testing with the Marussia team today.
The decision by Marussia comes as a huge...

16 June 2013 23:02

Shock Lions call up for Williams

The British and Irish Lions have drafted former Wales wing Shane Williams into their team for Tuesday's clash against the Brumbies in Canberra.
Williams, Wales' record try-scorer, is...

Economy

18 June 2013 08:45

Stabilising role

Nicosia --- The provision of emergency liquidity to the Cypriot Banks by the Central Bank of Cyprus (CBC) through the ECB`s Emergency Liquidity Assistance (ELA) has played and continues...

18 June 2013 15:34

No to threats

NICOSIA - Hydrocarbons exploration and exploitation activities of the Republic of Cyprus within its Exclusive Economic Zone (EEZ) are undertaken in accordance with international law and will...

17 June 2013 18:39

Limassol eyes EU funds

LIMASSOL - Limassol Municipality will seek financial support from EU Structural Funds in order to develop a series of projects from 2014 to 2012.
The proposal was drawn up on the basis...