LIMASSOL - The economy of Cyprus will get worse before it gets better, Finance Minister Haris Georgiades told the Cyprus Shipping Chamber on Friday evening.
And that deep rooted structural reforms are essential to improve the very foundations of Cyprus’ business and economic model.
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BRUSSELS  - Paphos was on Friday proclaimed the 2017 Cultural Capital of Europe during a ceremony at the Council of the European Union, in Brussels. Present during the ceremony were Cyprus Education Minister Kyriacos Kenevezos and Paphos Mayor Savvas Vergas.
The Minister said hailed the...More

NICOSIA --- The first tourists from Hong Kong to Cyprus are expected to arrive next year, Cyprus Tourism Organisation (CTO) chairman Alecos Orountiotis said here Friday.
Speaking to journalists after a meeting with tour operators from Hong Kong, Orountiotis said they discussed all possible...More

 NICOSIA - The new CEO of Bank of Cyprus will be appointed soon, Sofocles Michaelides, Bank of Cyprus’ Chairman of the interim Board of Directors has said.
Following a €10 billion bailout agreement with the Eurogroup, Bank of Cyprus, the island`s largest lender, has absorbed the good...More

 LONDON – British MEP Mary Honeyball called on IMF Chief Christine Lagarde to 'come to her senses' and to proceed with stimulus measures not austerity.
Honeyball was speaking on Friday, after a meeting she had with leftwing AKEL Secretary General Andros Kyprianou in Nicosia.

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LARNACA - A teenager from London was jailed for eight years in Cyprus Friday for fatally stabbing an off-duty British soldier in Ayia Napa last year.
Fusilier David Lee Collins, 19, from Manchester, died from knife wounds after a fight broke out in the resort of Ayia Napa in November.
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WASHINGTON - Turkish Prime Minister Tayyip Erdogan said on Thursday he saw a good opportunity for progress towards ending the division of Cyprus, a move that could further the exploitation of natural gas and oil in the eastern Mediterranean.

The island has been divided since a Greek...More

 LIMASSOL - Three Russian warships, including a destroyer will dock at Limassol port Friday.
They will remain in port until Wednesday when they continue their voyage to join the Russian Pacific fleet. The flotilla includes a destroyer, a rescue tug and a tanker.
Saturday Defence...More

 NICOSIA - The United Nations on Thursday submitted a document to the Office of the President of the Republic, containing the convergences and divergences of the last three years of negotiations on the Cyprus issue.
Government Spokesman Christos Stylianides, in a written statement said...More

 NICOSIA - The Cyprus International State Fair, due to have opened on May 24, has been postponed until October 4.
The fair had been planned for May 24-June 2 and a total of seven countries had been due to take part. Now it will run from October 4-9, the State Fair Authority said...More