Daily Archives: September 13, 2019

POLITICS: Cyprus vows to thwart Turkish moves on Varosha

Cyprus has condemned Ankara’s plans to open the fence-off ghost town of Varosha saying it will do everything necessary to prevent it being populated by anyone other than by its legal residents.

Turkish Foreign Minister Mevlut Cavusoglu told the private …

FINANCE: Hellenic finally integrating systems with former Co-op bank

Monday is to see the final stage of the absorption of the defunct Co-op within Hellenic Bank, with customer accounts being transferred to Hellenic’s systems, almost one year after the takeover.

The completion will mark the transition of Hellenic Bank …

SHIPPING: Cyprus to abolish ship registration fees to boost registry

Cyprus plans to abolish initial ship registration fees in a bid to boost the Cypriot registry’s competitiveness and attract more vessels, Deputy Minister for Shipping Natasa Pilides said.

Pilides briefed the parliamentary committee on Transport about new draft regulations approved …

TRAVEL: Cyprus expects serious growth in cruise tourism

Cyprus can expect a serious increase in cruise tourism over the coming years, Deputy Minister for Tourism Savvas Perdios said.

Perdios headed a Cypriot delegation at this week’s Seatrade Europe, Europe’s largest international cruise and river cruise fair in Hamburg.…

CYPRUS: Number of asylum seekers spikes 130% in 2019

Cyprus is facing an extremely challenging situation with an unprecedented increase of over a 130% in new asylum applicants since last year, said Interior Minister Constantinos Petrides.

Petrides told the 5th Conference of the Red Cross Small European National Societies, …

ENERGY: Cyprus receives intense international interest for gas supply tender

The first phase of Cyprus Gas Company’s (DEFA) tender process for the supply of liquefied natural gas (LNG) has triggered considerable interest from major international players such as Shell, BP, Eni and Total.

According to DEFA, 25 suppliers, among the …