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Cyprus

Former Cyprus President Recovering from Surgery

Former President of the Republic of Cyprus Mr. Glafcos Clerides underwent surgery on Monday, November 21, after being diagnosed with colon cancer. "The post-operative condition of the president is satisfactory and all precautionary measures are being taken to prevent post-operative...

Oil Companies Interested in Cyprus’ EEZ

The interest of foreign oil companies in acquiring licences in Cyprus’ Exclusive Economic Zone will become evident only after the government issues the relevant competition call, Government Spokesman Stephanos Stephanou said today. Stephanou added however that many companies have already...

Vanishing Cyprus: Politicocracy

The United States Office of Strategic Services, analyzed Hitler’s greatest propagandist, Joseph Goebbel’s rule on persuasion and mass control as follows: never allow the public to cool off; never admit a fault or wrong; never concede that there may...

Important Findings at Pafos Excavations Unearthed

Findings which provide invaluable insight into the urban layout of the ancient capital city of the island and will become important archaeological tourist attractions for Pafos in the future were unearthed by the Australian Archaeological Mission to Nea Pafos...

Turkish President Tells Cyprus-EU “Half a Country Leading Miserable Union”

During his official visit to the UK, the Turkish President Abdullah Gül referred to the prospect of Cyprus taking over the rotating presidency of the EU next year as "half a country" leading a "miserable union". According to Reuters, the...

Avramopoulos to Visit Cyprus on Thursday

Greece’s new Defence Minister Dimitris Avramopoulos will visit Cyprus on Thursday, as agreed during a telephone conference on Saturday with his Cypriot counterpart Demetris Eliades. According to an official announcement released in Nicosia, Eliades telephoned Avramopoulos to congratulate him on...

Christofias Dennounces UDI of Turkish Cypriot Regime

President Demetris Christofias denounced Tuesday the 1983 unilateral declaration of independence (UDI) by the illegal Turkish Cypriot regime, in the northern Turkish occupied areas of Cyprus. Invited to give a message to the people of Cyprus, President Christofias recalled UN...

Cyprus' "Limited" Capability to Help its Greek-Exposed Banks

Cyprus will support its Greek-exposed banks in recapitalizing but only after they have made exhaustive efforts of their own, Finance Minister Kikis Kazamias said that the state's present capacity to help is limited. Kazamias told an economics conference that resorting...

Britain: We Unequivocally Support the Rights of Cyprus to its EEZ

British Foreign Secretary William Hague has said that his country supports fully and unequivocally the rights of Cyprus to its EEZ. He further noted that Britain welcomes the talks that have taken place recently under the auspices of the UN...

Moody's Downgrades Cyprus by Two Notches to Baa3

Rating agency Moody`s has downgraded Cyprus government bond ratings to Baa3 from Baa1, placing the ratings on review for further possible downgrade. The rating agency has also downgraded Cyprus`s short-term rating to Prime-3 from Prime-2 and placed it on review...