Archive for 2017

Cyprus remains a competitive center for international businesses

Cyprus continues to be a highly competitive center for international businesses, despite the economic difficulties the country faced in the last few years, President of Cyprus Nicos Anastasiades has said.

Speaking on Friday evening at the 24th Annual General Meeting …

Cyprus to continue efforts even if no significant gas reserves are found soon, CHC Chairwoman says 

Cyprus will not close its hydrocarbons chapter in the event that no significant gas reserves are found in its Exclusive Economic Zone (EEZ) during the forthcoming drillings, Toula Onoufriou, Chairwoman of the Board of the Cyprus Hydrocarbons Company (CHC), has …

CySEC fines Bank of Cyprus and its former directors for accounting disclosure failures 

The Cyprus Securities and Exchange Commission (CySEC) announced on Friday that it has imposed a series of fines totaling €595,000 on Bank of Cyprus Public Company (the “Company”) and ten of its former directors – including its former Chief Financial …

The US acknowledge Cyprus’ role in security concerns in the region 

The government considers significant the fact that the US acknowledge the role of the Republic of Cyprus to provide security in the region, Government Spokesman Nikos Christodoulides said on Friday.

Speaking after President Nicos Anastasiades met with US Deputy Assistant …

Cyprus buys land owned by the United Kingdom on the island to build a port

The Republic of Cyprus and the United Kingdom signed on Friday an agreement on the basis of which London disposes of immovable property in Cyprus, in this case land it owns, which Nicosia has bought for the amount of €8.6 …

European Parliament President to pay official visit to Cyprus 

President of the European Parliament Antonio Tajani will pay an official visit to Cyprus on December 8, at the invitation of President of the House of Representatives Demetris Syllouris.

According to a House press release, in the framework of his …

Ministers promote Cyprus business opportunities in New York 

Cypriot Ministers of Energy, Commerce, Industry & Tourism Yiorgos Lakkotrypis and Health George Pamborides promoted Cyprus as a business hub in a conference, in New York, late on Thursday.

Organised by the Cyprus Chamber of Commerce and Industry (CCCI) in …

Cypriot Energy Minister discusses energy security and investments in Washington

Cypriot Minister of Energy, Commerce, Industry and Tourism Yiorgos Lakkotrypis met in Washington with Sue Saarnio, State Department acting Special Envoy and Coordinator for International Energy Affairs, with whom he discussed strengthening Cyprus’ energy security and investment opportunities for US …

Kazakhstan is interested in expanding its relations with Cyprus 

Kazakhstan is interested in expanding its relations with Cyprus, Secretary of State, Gulshara Abdykalikova, has said.

According to a PIO press release, on 27 November 2017, in a special ceremony held in Astana, Kazakhstan, the Ambassador of the Republic of …

EDEK leader Sizopoulos isn’t simply lying, he’s telling half the truth

Those claiming they want Nicos Anastasiades to go from the presidency of the Republic and spreading rumors that AKEL supposedly doesn’t want him to, on the eve of presidential elections, where Nicos Anastasia is and his government should be judged, …