Local news

24 May 2013 16:53

Closer cooperation

NICOSIA -- Cyprus and Russia have agreed to deepen cooperation in defence matters, as Moscow requests facilities for Russian Navy vessels.

The Minister of Defence Photis Photiou...

24 May 2013 12:13

Stabbing incident

NICOSIA – A Kurdish man was being sought by police Thursday on suspicion of stabbing a 39-year-old woman in a shop in Old Nicosia.
According to police spokesman Andreas Angelides the...

24 May 2013 12:10

EU help pledge

BRUSSELS – All available EU resources will be mobilised as quickly and as effectively as possible in order to help Cyprus, European President José Manuel Barroso has said.
Barroso was...

Sports news

24 May 2013 10:16

UEFA announce tougher sanctions

LONDON - Players or officials found guilty of racist offences in European club matches or internationals will face a minimum ban of 10 matches under tougher disciplinary regulations approved by...

24 May 2013 10:17

Wolfsburg stun Lyon to win Champions League

LONDON - Wolfsburg completed a surprise victory in the women's Champions League final on Thursday, beating twice defending champions Olympique Lyon 1-0 thanks to a second-half penalty from Martina...

23 May 2013 21:02

Apollon win Cyprus Cup

LIMASSOL- Apollon Limassol on Wednesday defeated arch rivals AEL 2-1 to win the Cyprus Coca-Cola Cup and secure a place in the Europa League.
The narrow victory, the first all-Limassol Cyprus...

Economy

24 May 2013 12:01

Bank post

NICOSIA - The board of the Bank of Cyprus has decided to recommend the appointment of banker Michalis Colakides as Executive Director of the bank.
It met yesterday to consider a name of...

24 May 2013 12:01

Budget framework

NICOSIA – The framework for the 2014 budget will be presented to the Cabinet when it next convenes, Finance Minister Harris Georgiades has said.
Speaking to the press after an event...

23 May 2013 08:51

Substantial risks

NICOSIA- Cyprus faces substantial risks to its economic outlook and a forecast recession could be deeper than forecast, its central bank governor said in a prepared speech on Wednesday.
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