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Cyprus aims to become regional search-and-rescue hub
NICOSIA, Cyprus (AP) — Cyprus is setting up a satellite earth station that will anchor a search-and-rescue control center covering Europe's southeastern edge, the defense minister said Monday.(1/26/2015 7:54:18 AM)
Cyprus in talks with Noble on exploitation of gas find
Cyprus and U.S. energy company Noble are discussing the potential exploitation of a gas field discovered in 2011, the island's energy minister said on Wednesday. Yiorgos Lakkotrypis also said discussions had almost concluded with French company Total on modifying an existing exploration permit after initial results showed no tangible reserves in an area where it was licensed. "There are many ...(1/28/2015 7:32:28 AM)
Syrian refugees plot Cyprus escape as camp closes
It costs thousands of euros for a false passport and place on a boat to Turkey, but Syrian refugees stranded in Cyprus are ready to try anything. After already paying thousands last year to take a boat from Syria that was abandoned by smugglers at sea, many of the 345 refugees who were rescued and bought to Cyprus are already planning another treacherous voyage. "There aren't the advantages (in ...(1/22/2015 2:38:21 AM)
Russians, Israelis help boost Cyprus tourism
A surge in Russian and Israeli tourists ensured visitors to Cyprus rose last year, helping its bailed-out economy weather three years of recession, official data showed on Monday. The number of people visiting the east Mediterranean island, which is heavily reliant on income generated by tourism, rose 1.5 percent in 2014 after recoiling 2.4 percent the previous year. The figures represent a rare ...(1/20/2015 7:59:11 AM)
Airline's collapse a new blow to recession-hit Cyprus
The collapse of Cyprus Airways nearly two years after a financial earthquake shattered the economy has dealt a new blow to the recession-hit Mediterranean island, experts said Monday. Cyprus is facing record unemployment of around 16 percent, according to economists who say the situation will only worsen as the national carrier's 560 staff are laid off. On Friday the government announced an ...(1/12/2015 3:54:40 PM)
Cyprus refs angry over bomb attack at home of ref's mother
NICOSIA, Cyprus (AP) — The Cyprus Referees' Association on Monday said its members will boycott all domestic cup and league matches for one week in retaliation to a midnight bomb attack at the home of a referee's mother.(1/19/2015 2:40:55 PM)
Cyprus Airways stops flying after EU ruling
Cyprus announced Friday an immediate halt to flights by its national carrier, spelling its demise, after EU regulators ordered Nicosia to recover illegal state aid granted to the holiday island's ailing airline. Cyprus Airways ticket-holders will be offered alternative arrangements, the government of the small recession-hit EU member state said. Finance Minister Harris Georgiades told ...(1/9/2015 3:03:00 PM)
Scuffles as Cyprus Airways staff protest airline closure
Axed Cyprus Airways staff scuffled with police on Monday during protests against the closure of the national carrier after it was deemed to contravene EU state aid rules. Around 300 airline staff demonstrated outside the finance ministry in Nicosia to voice their disagreement with the government over the closure. On Friday, the government announced an immediate halt to flights by Cyprus Airways ...(1/12/2015 1:56:55 PM)
Cyprus calls off football games as referees strike
The Cyprus Football Association said Tuesday that it was postponing all matches under its jurisdiction for one week after referees came out on strike following a bomb attack. All league and cup games scheduled from Tuesday onwards from senior to junior level will be postponed until Monday January 26, the CFA said on its website. The CFA has condemned the attack –- on the mother of match official ...(1/20/2015 8:14:20 AM)
Cyprus to stay in recession for 2015, university survey finds
Cyprus's battered economy will remain in recession in 2015, albeit shrinking a slower pace than last year, a survey by the University of Cyprus predicted on Tuesday.(1/27/2015 10:42:48 AM)
Source: Yahoo