Erdogan: “The international status of the Turkish Cypriots is equal” – 2024-03-03 15:41:44

Erdogan: “The international status of the Turkish Cypriots is equal”
 – 2024-03-03 15:41:44

Recep Tayyip Erdogan spoke of “equal international status” for the Turkish Cypriots, declaring today the opening of the Antalya Diplomatic Forum organized by the Turkish Ministry of Foreign Affairs. Referring to the war in Gaza, he accused Israel of committing genocide, while asserting that Turkey is building mutually beneficial relations in the diplomatic field. Specifically, … Read more

Androulakis: “The approval of the F-16 program in Turkey is a negative development” – 2024-02-17 09:28:08

Androulakis: “The approval of the F-16 program in Turkey is a negative development”
 – 2024-02-17 09:28:08

On Wednesday afternoon, the President of PaSoK, Nikos Androulakis, had a meeting with the mayor of the occupied Morphou, Victora Hatziavraam. Among the topics discussed were the developments in the region, the relations with Turkey and the problems that remain unresolved. “PaSoK remains firmly committed to the effort to resolve the Cyprus issue based on … Read more

Cyprus: Four people passed out in a boat with migrants

Cyprus: Four people passed out in a boat with migrants

Three children and a man were found unconscious in a boat with 56 other people, which, according to information from the Cyprus News Agency (CYPE), sailed from Lebanon last Thursday, January 18, carrying migrants. According to a statement from the Cyprus Search and Rescue Coordination Center (KSED) “around 04.30 this morning, the Center received information … Read more

The Potato Shortage Debate: Importing Cypriot Potatoes or Israeli Potatoes?

The Potato Shortage Debate: Importing Cypriot Potatoes or Israeli Potatoes?

Published: 20 January 2024 at 17:46 Updated: 20 January 2024 at 17:46 This is a debate post. It expresses the debater’s own attitude. Kato Nykvist has a comment in the newspaper on 17 January about a shortage of certain agricultural products in Norway. About the potato shortage, he says: “We just have to import more … Read more

Private debt still a threat in Cyprus

Private debt still a threat in Cyprus

The European Commission has reiterated warnings concerning the significant challenges posed to the Cypriot economy from private debt, as it has done before in regular post-program or post-memorandum reports. In its latest report, the Commission underscores that while the macro-economic environment remains stable, the private sector is still under pressure due to an exceptionally high … Read more

Cyprus Offers to Host Aid Facilities for Gaza Strip: Israeli-Cypriot Discussions

Cyprus Offers to Host Aid Facilities for Gaza Strip: Israeli-Cypriot Discussions

Cyprus has offered to host and operate facilities to provide continued aid directly to the Gaza Strip once the war ends. Israeli-Cypriot discussions “Disengagement from the economic disengagement from the Gaza Strip” is a title that many politicians in Israel have been calling for, and the issue has gone beyond the stage of slogans. Israeli … Read more

Ambitious Cyprus tourism plans for 2024

Ambitious Cyprus tourism plans for 2024

At 65.2 million euros, the proposed budget of the Cypriot Deputy Ministry of Tourism for 2024 surpasses previous years, accounting for initial budgets and excluding additional expenditures. The Deputy Ministry was established in 2019 and its initial budget was €47.8 million, with additional expenditure of €4.3 million. In 2020, expenditure amounted to €52.8 million, with … Read more

Russian UnionPay Cards Blocked in Cyprus: Impact on Banking Services

Cards of the Chinese payment system UnionPay issued by Russian banks have stopped working in Cyprus. Citizens of the Russian Federation continue to face new problems with banking services after Western payment systems Visa and MasterCard left the Russian market. For making payments abroad, for some time the Chinese payment system UnionPay became an alternative, … Read more

Earnings boost for Hellenic Bank

Earnings boost for Hellenic Bank

Hellenic Bank announced on Tuesday after-tax profits of 240.7 million euros for the first nine months of 2023. According to a Hellenic Group press release, this profit was mainly driven by the higher interest income from placements with central banks, other banks and debt securities. In addition, the bank retains a solid capital position with … Read more

The Scandalous Audio: Lawyer Luis Hermosilla’s Controversial Conversations and Career

The Scandalous Audio: Lawyer Luis Hermosilla’s Controversial Conversations and Career

“Here we are making a mess that is a crime”. This is part of the conversation that revealed the Center for Journalistic Research (Cyprus) where the lawyer Luis Hermosilla mentions, together with his client Daniel Sauer and the lawyer Leonarda Villalobos, payments to officials of the Internal Revenue Service (SII) and the Financial Market Commission … Read more